£235,599
This estimated value is based upon the latest sale price for the house of £87,450 on 30 Sep 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £87,450 | 30 Sep 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in September 2002 the House Price Index for GREATER MANCHESTER was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £87,450 results in an estimated price of approximately £235,599.
| 30 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 148.6 | 169.411 % | £87,450 | £148,149 | £235,599 |
The Postcode Pricing Model uses changes in average sales price within the OL7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 235.494 % | £205,939 | £293,389 |
| 3 Month Average | 247.828 % | £216,725 | £304,175 |
| 6 Month Average | 238.064 % | £208,186 | £295,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £88,815 | £87,500 | 233 NEWMARKET ROAD |
| 6 Nov 2023 | £88,815 | £87,500 | 235 NEWMARKET ROAD |
| 28 Jul 2023 | £506,821 | £500,000 | 25 GROVE STREET |
| 22 Apr 2022 | £122,546 | £119,000 | 41 WORDSWORTH CRESCENT |
| 28 Mar 2022 | £301,552 | £291,000 | 2 TAUNTON BROOK LANE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 24 May 2013. Using an estimated price of £235,600 means this house is valued at £2,838 per sq meter (£263 per sq foot).
The average size of a house on CROXDALE CLOSE is 148 sq meters (1,593 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).