£405,451
This estimated value is based upon the latest sale price for the house of £85,000 on 3 Apr 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £85,000 | 3 Apr 1998 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 1998 the House Price Index for GREATER MANCHESTER was 31.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 377.002%.Applying this 377.002% change to the original purchase price of £85,000 results in an estimated price of approximately £405,451.
| 3 Apr 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 149.7 | 377.002 % | £85,000 | £320,451 | £405,451 |
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 | 467.358 % | £397,253 | £482,253 |
| 3 Month Average | 422.925 % | £359,486 | £444,486 |
| 6 Month Average | 371.365 % | £315,659 | £400,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £129,440 | £126,500 | 8 RIBBLESDALE CLOSE |
| 24 Feb 2023 | £344,300 | £342,000 | 5 LENTEN GROVE |
| 12 Sep 2022 | £594,603 | £595,000 | OAKENDALE, 2A ARNOLD AVENUE |
| 23 Feb 2022 | £180,654 | £171,000 | 12 FOLEY GARDENS |
| 15 Feb 2022 | £169,033 | £160,000 | 24 FOLEY GARDENS |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 29 Jun 2020. Using an estimated price of £405,452 means this house is valued at £3,003 per sq meter (£279 per sq foot).
The average size of a house on PLAYFAIR CLOSE is 160 sq meters (1,729 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).