£179,227
This estimated value is based upon the latest sale price for the house of £144,000 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £144,000 | 14 Jun 2019 |
| £88,000 | 23 Jan 2004 |
| Terraced |
| Leasehold |
| Floor Area: 113 sq meters or 1,216 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 June 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 24.463%.Applying this 24.463% change to the original purchase price of £144,000 results in an estimated price of approximately £179,227.
| 14 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £144,000 | £35,227 | £179,227 |
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 | 35.978 % | £51,807 | £195,807 |
| 3 Month Average | 37.081 % | £53,396 | £197,396 |
| 6 Month Average | 34.999 % | £50,398 | £194,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £291,623 | £285,000 | 7 WEATHERLY CLOSE |
| 21 Aug 2023 | £162,939 | £160,000 | 29 MARLAND FOLD LANE |
| 21 Nov 2022 | £124,418 | £125,000 | 36 EWOOD |
| 29 Apr 2022 | £172,212 | £166,000 | 37 EWOOD |
| 31 Mar 2022 | £245,324 | £235,000 | 13C HILARY AVENUE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 8 Jan 2019. Using an estimated price of £179,227 means this house is valued at £1,586 per sq meter (£147 per sq foot).
There is one other house on the street which we know the size of, this is 8 SELBOURNE STREET it is 85.0