£765
This estimated value is based upon the latest sale price for the house of £725 on 28 Feb 2022. 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 |
|---|---|
| £725 | 28 Feb 2022 |
| £210,000 | 20 Aug 2021 |
| £152,000 | 23 Apr 2010 |
| Freehold |
| Floor Area: 76 sq meters or 821 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 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £725 results in an estimated price of approximately £765.
| 28 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £725 | £40 | £765 |
The Postcode Pricing Model uses changes in average sales price within the OL15 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 | 10.040 % | £72 | £797 |
| 3 Month Average | 3.580 % | £25 | £750 |
| 6 Month Average | 13.223 % | £95 | £820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £268,243 | £260,000 | 14 SYCAMORE CLOSE |
| 3 Nov 2023 | £241,121 | £235,000 | 4 SYCAMORE CLOSE |
| 20 Oct 2023 | £301,856 | £295,000 | 11 LIME GROVE |
| 21 Sep 2023 | £204,508 | £200,000 | 185 STARRING WAY |
| 4 Aug 2023 | £244,408 | £240,000 | 31 LABURNUM WAY |
This house has a floor area of 76 sq meters or 821 sq feet when measured on 12 Nov 2009. Using an estimated price of £766 means this house is valued at £10 per sq meter (£0 per sq foot).
The average size of a house on LABURNUM WAY is 85 sq meters (925 sq feet).