£396,985
This estimated value is based upon the latest sale price for the house of £325,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £325,000 | 29 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 November 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £325,000 results in an estimated price of approximately £396,985.
| 29 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £325,000 | £71,985 | £396,985 |
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 | 119.605 % | £388,716 | £713,716 |
| 3 Month Average | 31.291 % | £101,696 | £426,696 |
| 6 Month Average | 23.562 % | £76,577 | £401,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £370,504 | £367,500 | 25 SOUTHWELL GARDENS |
| 27 Mar 2023 | £85,462 | £85,000 | 17 FIELDFARE WAY |
| 22 Aug 2022 | £422,148 | £425,000 | 14 FIELDFARE WAY |
| 4 Mar 2022 | £154,812 | £150,000 | 29 SOUTHWELL GARDENS |
| 12 Mar 2021 | £3,326 | £3,000 | 9 SOUTHWELL GARDENS |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 2 Apr 2019. Using an estimated price of £396,985 means this house is valued at £3,576 per sq meter (£332 per sq foot).
The average size of a house on HOLDEN CLOUGH DRIVE is 134 sq meters (1,451 sq feet).