£220,866
This estimated value is based upon the latest sale price for the house of £136,500 on 24 Jul 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£136,500 | 24 Jul 2007 |
Semi-Detached |
Leasehold |
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 July 2007 the House Price Index for GREATER MANCHESTER was 63.1.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 61.807%.Applying this 61.807% change to the original purchase price of £136,500 results in an estimated price of approximately £220,866.
24 Jul 2007 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.1 | 102.1 | 61.807 % | £136,500 | £84,366 | £220,866 |
The Postcode Pricing Model uses changes in average sales price within the OL9 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 | 51.113 % | £69,769 | £206,269 |
3 Month Average | 60.494 % | £82,574 | £219,074 |
6 Month Average | 62.227 % | £84,940 | £221,440 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2024 | £239,695 | £235,000 | 58 OAKBANK AVENUE |
4 Sep 2024 | £305,994 | £300,000 | 6 SEVERN ROAD |
15 Aug 2024 | £255,506 | £249,500 | 5 SEVERN ROAD |
9 Aug 2024 | £358,425 | £350,000 | 82 CHADDERTON PARK ROAD |
16 Mar 2023 | £439,640 | £425,000 | 1 PACKWOOD CHASE |