£535,244
This estimated value is based upon the latest sale price for the house of £317,500 on 9 May 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £317,500 | 9 May 2013 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 May 2013 the House Price Index for GREATER MANCHESTER was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £317,500 results in an estimated price of approximately £535,244.
| 9 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.581 % | £317,500 | £217,744 | £535,244 |
The Postcode Pricing Model uses changes in average sales price within the WA14 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 | 56.602 % | £179,710 | £497,210 |
| 3 Month Average | 75.620 % | £240,091 | £557,591 |
| 6 Month Average | 69.837 % | £221,732 | £539,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £724,519 | £710,000 | 17 SEAMONS ROAD |
| 16 Jun 2023 | £428,589 | £420,000 | 7 BLAKESWOOD OLDFIELD ROAD |
| 28 Feb 2023 | £837,595 | £832,000 | 2 MALVERN DRIVE |
| 10 Feb 2023 | £437,925 | £435,000 | 8 BICKERTON ROAD |
| 10 Feb 2023 | £1,046,994 | £1,040,000 | 16 MALVERN DRIVE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 7 Nov 2014. Using an estimated price of £535,245 means this house is valued at £4,351 per sq meter (£404 per sq foot).
The average size of a house on OLDFIELD ROAD is 138 sq meters (1,492 sq feet).