£236,205
This estimated value is based upon the latest sale price for the house of £183,000 on 9 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £183,000 | 9 Jun 2017 |
| £170,000 | 18 Jun 2014 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2017 the House Price Index for GREATER MANCHESTER was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £183,000 results in an estimated price of approximately £236,205.
| 9 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £183,000 | £53,205 | £236,205 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | -1.256 % | £-2,298 | £180,701 |
| 3 Month Average | 23.609 % | £43,204 | £226,204 |
| 6 Month Average | 39.309 % | £71,935 | £254,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £111,716 | £110,000 | 65 CRESCENT ROAD |
| 29 Aug 2023 | £381,888 | £375,000 | 1 BUTTERCUP DRIVE |
| 17 Jun 2022 | £270,788 | £265,000 | 3 ROOKSWOOD DRIVE |
| 1 Jun 2022 | £337,208 | £330,000 | 13 CHAMBER HOUSE DRIVE |
| 31 May 2022 | £130,397 | £127,000 | 89 CRESCENT ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 16 Sep 2014. Using an estimated price of £236,205 means this house is valued at £2,167 per sq meter (£201 per sq foot).
The average size of a house on SWALLOW BANK DRIVE is 155 sq meters (1,673 sq feet).