£168,571
This estimated value is based upon the latest sale price for the house of £131,000 on 25 May 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £131,000 | 25 May 2017 |
| £124,000 | 19 Aug 2015 |
| £125,750 | 2 Nov 2009 |
| £55,000 | 16 Mar 2001 |
| £49,500 | 30 Apr 1997 |
| Freehold |
| Floor Area: 68 sq meters or 731 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 May 2017 the House Price Index for GREATER MANCHESTER was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £131,000 results in an estimated price of approximately £168,571.
| 25 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £131,000 | £37,571 | £168,571 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | -7.158 % | £-9,376 | £121,623 |
| 3 Month Average | 19.480 % | £25,518 | £156,518 |
| 6 Month Average | 41.793 % | £54,748 | £185,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £360,335 | £355,000 | 18 HAZELWOOD ROAD |
| 1 Sep 2023 | £278,562 | £275,000 | 126 CHURCH ROAD |
| 24 Jul 2023 | £314,229 | £310,000 | 142 CHURCH ROAD |
| 13 Apr 2023 | £586,313 | £580,000 | 195 CHURCH ROAD |
| 28 Jan 2022 | £163,955 | £155,790 | 23 NEW BARN STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Apr 2015. Using an estimated price of £168,571 means this house is valued at £2,478 per sq meter (£230 per sq foot).
The average size of a house on ORWELL ROAD is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dougill Street |