£351,404
This estimated value is based upon the latest sale price for the house of £261,995 on 25 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£261,995 | 25 Aug 2016 |
Detached |
Leasehold |
Floor Area: 106 sq meters or 1,140 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 August 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £261,995 results in an estimated price of approximately £351,404.
25 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £261,995 | £89,409 | £351,404 |
The Postcode Pricing Model uses changes in average sales price within the OL6 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 | 42.971 % | £112,580 | £374,575 |
3 Month Average | 32.965 % | £86,366 | £348,361 |
6 Month Average | 74.466 % | £195,097 | £457,092 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £299,194 | £290,000 | 41 MOSSLEY ROAD |
14 Nov 2023 | £269,337 | £262,500 | 51 EASON WAY |
11 Aug 2023 | £259,684 | £255,000 | 41 EASON WAY |
14 Oct 2022 | £264,118 | £265,000 | 37 EASON WAY |
30 Sep 2021 | £260,537 | £240,000 | 57 EASON WAY |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 26 Jul 2016. Using an estimated price of £351,404 means this house is valued at £3,315 per sq meter (£307 per sq foot).
The average size of a house on EASON WAY is 91 sq meters (986 sq feet).