£191,576
This estimated value is based upon the latest sale price for the house of £123,000 on 2 May 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £123,000 | 2 May 2014 |
| £133,000 | 25 Apr 2006 |
| £133,000 | 25 Apr 2006 |
| Terraced |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2014 the House Price Index for GREATER MANCHESTER was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £123,000 results in an estimated price of approximately £191,576.
| 2 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £123,000 | £68,576 | £191,576 |
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 | 90.272 % | £111,034 | £234,034 |
| 3 Month Average | 89.838 % | £110,500 | £233,500 |
| 6 Month Average | 80.543 % | £99,067 | £222,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £173,832 | £170,000 | 51 PLATTING GROVE |
| 6 Jun 2023 | £156,639 | £153,500 | 28 PENRITH AVENUE |
| 4 Apr 2023 | £173,240 | £170,000 | 18 PATTERDALE AVENUE |
| 28 Mar 2023 | £223,736 | £220,000 | 26 PLATTING GROVE |
| 16 Jan 2023 | £210,563 | £210,000 | 1 TAUNTON GREEN |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 1 Sep 2014. Using an estimated price of £191,577 means this house is valued at £2,624 per sq meter (£243 per sq foot).
The average size of a house on TAUNTON GREEN is 94 sq meters (1,014 sq feet).