£270,582
This estimated value is based upon the latest sale price for the house of £88,950 on 22 Mar 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £88,950 | 22 Mar 2002 |
| £71,500 | 26 Nov 1998 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 807 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 March 2002 the House Price Index for GREATER MANCHESTER was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £88,950 results in an estimated price of approximately £270,582.
| 22 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 149.7 | 204.197 % | £88,950 | £181,632 | £270,582 |
The Postcode Pricing Model uses changes in average sales price within the OL12 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 | 338.890 % | £301,442 | £390,392 |
| 3 Month Average | 252.757 % | £224,827 | £313,777 |
| 6 Month Average | 261.195 % | £232,332 | £321,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £204,648 | £200,000 | 6 ALDERMAN FOLEY DRIVE |
| 17 Aug 2023 | £392,071 | £385,000 | 3 ELLENSHAW CLOSE |
| 20 Mar 2023 | £186,108 | £183,000 | 12 ALDERMAN FOLEY DRIVE |
| 23 Feb 2023 | £151,009 | £150,000 | 18 ALDERMAN FOLEY DRIVE |
| 27 Jan 2023 | £531,420 | £530,000 | ELLENROD FARM CALDERSHAW LANE |
This house has a floor area of 74 sq meters or 807 sq feet when measured on 3 Oct 2008. Using an estimated price of £270,583 means this house is valued at £3,608 per sq meter (£335 per sq foot).
The average size of a house on HEAPFOLD is 83 sq meters (903 sq feet).