£146,224
This estimated value is based upon the latest sale price for the house of £140,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £140,000 | 25 Feb 2022 |
| £100,000 | 16 Feb 2018 |
| £60,100 | 6 Feb 2015 |
| £95,000 | 26 Feb 2008 |
| £7,000 | 12 Dec 2002 |
| Terraced |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 February 2022 the House Price Index for GREATER MANCHESTER was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £140,000 results in an estimated price of approximately £146,224.
| 25 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £140,000 | £6,224 | £146,224 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | -53.714 % | £-75,199 | £64,800 |
| 3 Month Average | 52.344 % | £73,281 | £213,281 |
| 6 Month Average | 6.461 % | £9,044 | £149,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £120,407 | £120,000 | 31 CARDIGAN ROAD |
| 4 Dec 2023 | £112,121 | £110,000 | 21 IRVING STREET |
| 22 Jun 2023 | £130,055 | £129,000 | 24 CARDIGAN ROAD |
| 21 Apr 2023 | £146,086 | £145,000 | 23 CARDIGAN ROAD |
| 18 Nov 2022 | £116,117 | £118,000 | 22 BARMOUTH WALK |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 3 Aug 2017. Using an estimated price of £146,224 means this house is valued at £1,700 per sq meter (£157 per sq foot).
The average size of a house on CORWEN CLOSE is 131 sq meters (1,410 sq feet).