£245,215
This estimated value is based upon the latest sale price for the house of £205,000 on 10 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £205,000 | 10 Sep 2020 |
| Semi-Detached |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 2020 the House Price Index for GREATER MANCHESTER was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £205,000 results in an estimated price of approximately £245,215.
| 10 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £205,000 | £40,215 | £245,215 |
The Postcode Pricing Model uses changes in average sales price within the OL15 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 | 86.741 % | £177,819 | £382,819 |
| 3 Month Average | 18.501 % | £37,927 | £242,927 |
| 6 Month Average | 14.045 % | £28,793 | £233,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £250,000 | £250,000 | 31 HEALD CLOSE |
| 15 Mar 2024 | £159,958 | £157,500 | 1 BANK CLOSE |
| 14 Dec 2023 | £299,194 | £290,000 | 75 LAKEBANK |
| 27 Oct 2023 | £230,229 | £225,000 | 23 CLEGGSWOOD AVENUE |
| 6 Oct 2023 | £225,113 | £220,000 | 12 CLEGGSWOOD AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 14 Jul 2020. Using an estimated price of £245,215 means this house is valued at £3,405 per sq meter (£316 per sq foot).
The average size of a house on HEALD CLOSE is 102 sq meters (1,098 sq feet).