£187,899
This estimated value is based upon the latest sale price for the house of £150,995 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£150,995 | 15 Feb 2019 |
Semi-Detached |
Leasehold |
Floor Area: 80 sq meters or 861 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 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £150,995 results in an estimated price of approximately £187,899.
15 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £150,995 | £36,904 | £187,899 |
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 | 40.798 % | £61,602 | £212,597 |
3 Month Average | 43.924 % | £66,323 | £217,318 |
6 Month Average | 36.634 % | £55,316 | £206,311 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £234,032 | £232,000 | 155 ELM ROAD |
8 Mar 2023 | £173,904 | £171,000 | 65 STAG PASTURE ROAD |
27 Jan 2023 | £205,549 | £205,000 | 54 ROWAN TREE ROAD |
23 Nov 2022 | £199,069 | £200,000 | 50 ROWAN TREE ROAD |
18 Nov 2022 | £169,209 | £170,000 | 22 ROWAN TREE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 12 Feb 2019. Using an estimated price of £187,900 means this house is valued at £2,348 per sq meter (£218 per sq foot).
The average size of a house on ACACIA ROAD is 104 sq meters (1,123 sq feet).