£1,126,499
This estimated value is based upon the latest sale price for the house of £727,500 on 27 Jun 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £727,500 | 27 Jun 2014 |
| Detached |
| Leasehold |
| Floor Area: 434 sq meters or 4,677 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 June 2014 the House Price Index for GREATER MANCHESTER was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £727,500 results in an estimated price of approximately £1,126,499.
| 27 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £727,500 | £398,999 | £1,126,499 |
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 | 58.858 % | £428,194 | £1,155,694 |
| 3 Month Average | 44.108 % | £320,882 | £1,048,382 |
| 6 Month Average | 42.410 % | £308,532 | £1,036,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £184,183 | £180,000 | 1 EASTWOOD TERRACE |
| 22 Sep 2023 | £526,609 | £515,000 | 33 WHITLAND AVENUE |
| 22 Sep 2023 | £472,925 | £462,500 | 5 WHITLAND AVENUE |
| 9 Jan 2023 | £381,018 | £380,000 | 19 LINGMELL CLOSE |
| 30 Nov 2022 | £313,534 | £315,000 | 4 CHERRY GARDENS |
This house has a floor area of 434 sq meters or 4,677 sq feet when measured on 30 Jan 2012. Using an estimated price of £1,126,499 means this house is valued at £2,592 per sq meter (£240 per sq foot).
The average size of a house on OAKWOOD DRIVE is 188 sq meters (2,028 sq feet).
This house is the largest in the street with a floor area of 434 sq meters (4,677 sq feet).