£224,849
This estimated value is based upon the latest sale price for the house of £225,000 on 1 Sep 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £225,000 | 1 Sep 2022 |
| £152,500 | 9 Dec 2016 |
| £110,000 | 5 Sep 2003 |
| £72,000 | 6 Feb 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 September 2022 the House Price Index for GREATER MANCHESTER was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £225,000 results in an estimated price of approximately £224,849.
| 1 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £225,000 | £-150 | £224,849 |
The Postcode Pricing Model uses changes in average sales price within the OL15 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 | 1.552 % | £3,490 | £228,490 |
| 3 Month Average | -12.017 % | £-27,038 | £197,961 |
| 6 Month Average | -5.086 % | £-11,442 | £213,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £169,297 | £165,000 | 33 CALDERBROOK ROAD |
| 29 Sep 2023 | £132,930 | £130,000 | 13 MOUNT AVENUE |
| 9 Jun 2023 | £220,417 | £216,000 | ALEXANDRA HOUSE, 1 CALDERBROOK ROAD |
| 26 Jan 2023 | £141,378 | £141,000 | 18 CALDER AVENUE |
| 1 Sep 2022 | £224,850 | £225,000 | 59 CALDERBROOK ROAD |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 12 May 2016. Using an estimated price of £224,850 means this house is valued at £1,509 per sq meter (£140 per sq foot).
The average size of a house on CALDERBROOK ROAD is 98 sq meters (1,064 sq feet).