£177,191
This estimated value is based upon the latest sale price for the house of £145,000 on 12 Sep 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £145,000 | 12 Sep 2019 |
| £116,000 | 1 Apr 2016 |
| £108,950 | 17 Dec 2004 |
| Terraced |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £145,000 results in an estimated price of approximately £177,191.
| 12 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £145,000 | £32,191 | £177,191 |
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 | -38.858 % | £-56,343 | £88,656 |
| 3 Month Average | 39.894 % | £57,846 | £202,846 |
| 6 Month Average | 16.889 % | £24,489 | £169,489 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £160,979 | £160,000 | 16 QUANTOCK DRIVE |
| 3 Mar 2023 | £187,011 | £186,000 | 20 SIDLAW CLOSE |
| 26 Aug 2022 | £178,295 | £179,500 | 4 QUANTOCK DRIVE |
| 25 Mar 2022 | £159,972 | £155,000 | 10 POLDEN CLOSE |
| 26 Nov 2021 | £137,983 | £128,100 | 1 POLDEN CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 30 Aug 2012. Using an estimated price of £177,191 means this house is valued at £1,865 per sq meter (£173 per sq foot).
The average size of a house on SIDLAW CLOSE is 87 sq meters (939 sq feet).