£97,899
This estimated value is based upon the latest sale price for the house of £67,995 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £67,995 | 28 Aug 2015 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2015 the House Price Index for GREATER MANCHESTER was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £67,995 results in an estimated price of approximately £97,899.
| 28 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £67,995 | £29,904 | £97,899 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 38.655 % | £26,283 | £94,278 |
| 3 Month Average | 44.647 % | £30,357 | £98,352 |
| 6 Month Average | 33.928 % | £23,069 | £91,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £180,548 | £175,000 | 28 DUNBAR GROVE |
| 29 Nov 2023 | £143,646 | £140,000 | 2 SKYE CLOSE |
| 8 Sep 2023 | £219,846 | £215,000 | 177B ARGYLE STREET |
| 4 Sep 2023 | £130,885 | £128,000 | 29 DUNBAR GROVE |
| 21 Aug 2023 | £147,663 | £145,000 | 4 CRAIL PLACE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 16 Jul 2015. Using an estimated price of £97,900 means this house is valued at £1,125 per sq meter (£104 per sq foot).
The average size of a house on STROMNESS GROVE is 114 sq meters (1,227 sq feet).