£200,457
This estimated value is based upon the latest sale price for the house of £116,000 on 21 Jan 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £116,000 | 21 Jan 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 888 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 January 2011 the House Price Index for GREATER MANCHESTER was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £116,000 results in an estimated price of approximately £200,457.
| 21 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.808 % | £116,000 | £84,457 | £200,457 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 96.884 % | £112,385 | £228,385 |
| 3 Month Average | 81.546 % | £94,593 | £210,593 |
| 6 Month Average | 72.033 % | £83,558 | £199,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £60,526 | £60,000 | 19 ANGLESEY ROAD |
| 14 Sep 2023 | £173,832 | £170,000 | 51 PLATTING GROVE |
| 7 Aug 2023 | £218,949 | £215,000 | 25 HARMOL GROVE |
| 28 Mar 2023 | £223,736 | £220,000 | 26 PLATTING GROVE |
| 17 Mar 2023 | £264,416 | £260,000 | 26 HARMOL GROVE |
This house has a floor area of 82 sq meters or 888 sq feet when measured on 11 Oct 2010. Using an estimated price of £200,458 means this house is valued at £2,427 per sq meter (£225 per sq foot).
The average size of a house on NEY STREET is 90 sq meters (969 sq feet).