£211,525
This estimated value is based upon the latest sale price for the house of £161,995 on 31 Mar 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £161,995 | 31 Mar 2017 |
| Semi-Detached |
| Leasehold |
| Floor Area: 117 sq meters or 1,259 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 March 2017 the House Price Index for GREATER MANCHESTER was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £161,995 results in an estimated price of approximately £211,525.
| 31 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £161,995 | £49,530 | £211,525 |
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 | 62.913 % | £101,916 | £263,911 |
| 3 Month Average | 59.455 % | £96,313 | £258,308 |
| 6 Month Average | 54.889 % | £88,916 | £250,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2024 | £90,000 | £90,000 | 7 ACACIA ROAD |
| 22 Mar 2024 | £121,872 | £120,000 | 197 LIMESIDE ROAD |
| 7 Mar 2024 | £133,044 | £131,000 | 2D LIME GREEN ROAD |
| 12 Dec 2023 | £144,438 | £140,000 | 218 LIMESIDE ROAD |
| 23 Jun 2023 | £163,272 | £160,000 | 198 LIMESIDE ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 29 Mar 2017. Using an estimated price of £211,526 means this house is valued at £1,807 per sq meter (£167 per sq foot).
The average size of a house on ROWAN TREE ROAD is 86 sq meters (934 sq feet).