£276,535
This estimated value is based upon the latest sale price for the house of £151,450 on 11 Nov 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £151,450 | 11 Nov 2005 |
| £102,500 | 16 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 November 2005 the House Price Index for GREATER MANCHESTER was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £151,450 results in an estimated price of approximately £276,535.
| 11 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £151,450 | £125,085 | £276,535 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 86.062 % | £130,341 | £281,791 |
| 3 Month Average | 107.396 % | £162,650 | £314,100 |
| 6 Month Average | 93.711 % | £141,925 | £293,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £127,415 | £123,500 | 9 LAWN CLOSES |
| 25 Aug 2023 | £284,974 | £279,834 | 206 ALT LANE |
| 11 Aug 2023 | £124,139 | £121,900 | 37 LAWN CLOSES |
| 9 Jan 2023 | £232,120 | £231,500 | 201 ALT LANE |
| 29 Mar 2022 | £104,393 | £100,000 | 5 THORN ROAD |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 29 Nov 2018. Using an estimated price of £276,535 means this house is valued at £1,696 per sq meter (£157 per sq foot).
The average size of a house on ALT FOLD DRIVE is 141 sq meters (1,522 sq feet).
This house is the largest in the street with a floor area of 163 sq meters (1,754 sq feet).