£200,900
This estimated value is based upon the latest sale price for the house of £170,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £170,000 | 23 Oct 2020 |
| £59,500 | 27 Mar 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 October 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £170,000 results in an estimated price of approximately £200,900.
| 23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £170,000 | £30,900 | £200,900 |
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 | 15.555 % | £26,442 | £196,442 |
| 3 Month Average | 29.817 % | £50,688 | £220,688 |
| 6 Month Average | 36.749 % | £62,472 | £232,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £291,623 | £285,000 | 7 WEATHERLY CLOSE |
| 13 Oct 2023 | £149,393 | £146,000 | 739 ASHTON ROAD |
| 21 Aug 2023 | £162,939 | £160,000 | 29 MARLAND FOLD LANE |
| 23 Jun 2023 | £151,027 | £148,000 | 31 ROSARY ROAD |
| 27 May 2022 | £124,237 | £121,000 | 751 ASHTON ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 23 Mar 2020. Using an estimated price of £200,900 means this house is valued at £3,139 per sq meter (£291 per sq foot).
The average size of a house on WEATHERLY CLOSE is 112 sq meters (1,207 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).