£213,871
This estimated value is based upon the latest sale price for the house of £126,000 on 28 Apr 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £126,000 | 28 Apr 2010 |
| £47,500 | 4 May 2001 |
| Semi-Detached |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 2010 the House Price Index for GREATER MANCHESTER was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £126,000 results in an estimated price of approximately £213,871.
| 28 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £126,000 | £87,871 | £213,871 |
The Postcode Pricing Model uses changes in average sales price within the OL1 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 | 41.434 % | £52,207 | £178,207 |
| 3 Month Average | 31.909 % | £40,205 | £166,205 |
| 6 Month Average | 35.444 % | £44,659 | £170,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jan 2023 | £124,414 | £125,000 | 217 LONDON ROAD |
| 8 Jun 2022 | £122,734 | £121,000 | 203 LONDON ROAD |
| 27 May 2022 | £94,276 | £92,500 | 199 LONDON ROAD |
| 2 Mar 2022 | £91,191 | £88,000 | 209 LONDON ROAD |
| 19 Nov 2021 | £308,231 | £285,000 | 4 ROSEDALE CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 11 Jun 2021. Using an estimated price of £213,872 means this house is valued at £2,814 per sq meter (£261 per sq foot).
The average size of a house on ROSEDALE CLOSE is 100 sq meters (1,085 sq feet).