£304,538
This estimated value is based upon the latest sale price for the house of £250,000 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £250,000 | 24 Jul 2020 |
| £116,000 | 18 May 2012 |
| Semi-Detached |
| Leasehold |
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 July 2020 the House Price Index for GREATER MANCHESTER was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £250,000 results in an estimated price of approximately £304,538.
| 24 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £250,000 | £54,538 | £304,538 |
The Postcode Pricing Model uses changes in average sales price within the OL9 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 | 34.719 % | £86,797 | £336,797 |
| 3 Month Average | 16.920 % | £42,300 | £292,300 |
| 6 Month Average | 19.595 % | £48,987 | £298,987 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £292,797 | £283,800 | 22 ST GEORGES SQUARE |
| 17 Apr 2023 | £282,280 | £277,000 | 20 ST GEORGES SQUARE |
| 15 Mar 2023 | £264,416 | £260,000 | 205 MOSTON LANE EAST |
| 10 Mar 2023 | £244,076 | £240,000 | 261 MOSTON LANE EAST |
| 1 Apr 2022 | £290,478 | £280,000 | 312 MOSTON LANE EAST |