£270,795
This estimated value is based upon the latest sale price for the house of £77,650 on 20 Apr 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£77,650 | 20 Apr 2001 |
Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 April 2001 the House Price Index for GREATER MANCHESTER was 42.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 248.739%.Applying this 248.739% change to the original purchase price of £77,650 results in an estimated price of approximately £270,795.
20 Apr 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.9 | 149.7 | 248.739 % | £77,650 | £193,145 | £270,795 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 356.323 % | £276,684 | £354,334 |
3 Month Average | 342.767 % | £266,158 | £343,808 |
6 Month Average | 311.962 % | £242,238 | £319,888 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2024 | £128,000 | £128,000 | 11 SPRINGFIELD STREET |
18 Oct 2023 | £171,393 | £167,500 | 9 WHAM BAR DRIVE |
4 Oct 2023 | £337,669 | £330,000 | 27 FRANK FOLD |
29 Sep 2023 | £230,072 | £225,000 | 51 WHAM BAR DRIVE |
11 Nov 2022 | £179,162 | £180,000 | 39 WHAM BAR DRIVE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 10 Nov 2014. Using an estimated price of £270,796 means this house is valued at £2,629 per sq meter (£244 per sq foot).
The average size of a house on FRANK FOLD is 98 sq meters (1,064 sq feet).