£159,991
This estimated value is based upon the latest sale price for the house of £37,000 on 6 Aug 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£37,000 | 6 Aug 1999 |
Semi-Detached |
Leasehold |
Floor Area: 100 sq meters or 1,076 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 August 1999 the House Price Index for GREATER MANCHESTER was 34.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 332.409%.Applying this 332.409% change to the original purchase price of £37,000 results in an estimated price of approximately £159,991.
6 Aug 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.6 | 149.7 | 332.409 % | £37,000 | £122,991 | £159,991 |
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 | 310.873 % | £115,022 | £152,022 |
3 Month Average | 186.401 % | £68,968 | £105,968 |
6 Month Average | 207.406 % | £76,740 | £113,740 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £282,162 | £275,000 | 7 LYNDALE DRIVE |
10 Nov 2023 | £169,297 | £165,000 | 33 CALDERBROOK ROAD |
20 Oct 2023 | £197,485 | £193,000 | 11 CALDERBROOK ROAD |
10 Aug 2023 | £239,316 | £235,000 | 1 LYNDALE DRIVE |
4 Aug 2023 | £193,490 | £190,000 | 81 HARE HILL ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 15 Apr 2015. Using an estimated price of £159,991 means this house is valued at £1,599 per sq meter (£148 per sq foot).
The average size of a house on HARE HILL ROAD is 100 sq meters (1,076 sq feet).