£310,939
This estimated value is based upon the latest sale price for the house of £249,950 on 20 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £249,950 | 20 Sep 2018 |
| £99,950 | 29 Jun 2001 |
| Detached |
| Leasehold |
| Floor Area: 133 sq meters or 1,431 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 September 2018 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 24.401%.Applying this 24.401% change to the original purchase price of £249,950 results in an estimated price of approximately £310,939.
| 20 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £249,950 | £60,989 | £310,939 |
The Postcode Pricing Model uses changes in average sales price within the OL15 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 | 61.307 % | £153,235 | £403,185 |
| 3 Month Average | 19.682 % | £49,194 | £299,144 |
| 6 Month Average | 28.603 % | £71,494 | £321,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2022 | £262,632 | £260,000 | 43 WORDSWORTH CRESCENT |
| 5 May 2022 | £272,088 | £265,000 | 14 SHAFTESBURY AVENUE |
| 4 May 2022 | £975 | £950 | 1 BRIDGE BANK ROAD |
| 22 Apr 2022 | £218,896 | £211,000 | 39 WORDSWORTH CRESCENT |
| 21 Apr 2022 | £125,528 | £121,000 | 70 SMITHY BRIDGE ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 22 Mar 2018. Using an estimated price of £310,939 means this house is valued at £2,337 per sq meter (£217 per sq foot).
The average size of a house on WILLOW RISE is 130 sq meters (1,399 sq feet).
This house is the largest in the street with a floor area of 133 sq meters (1,431 sq feet).