£345,756
This estimated value is based upon the latest sale price for the house of £200,000 on 20 Oct 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £200,000 | 20 Oct 2011 |
| £200,000 | 20 Oct 2011 |
| Detached |
| Leasehold |
| Floor Area: 121 sq meters or 1,306 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 October 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £200,000 results in an estimated price of approximately £345,756.
| 20 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £200,000 | £145,756 | £345,756 |
The Postcode Pricing Model uses changes in average sales price within the OL4 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 | 118.785 % | £237,570 | £437,570 |
| 3 Month Average | 112.167 % | £224,334 | £424,334 |
| 6 Month Average | 69.156 % | £138,311 | £338,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £420,375 | £415,000 | 718 RIPPONDEN ROAD |
| 3 Jul 2023 | £385,184 | £380,000 | 29 SPINNERS WAY |
| 5 Jan 2023 | £348,359 | £350,000 | 730 RIPPONDEN ROAD |
| 29 Jul 2022 | £300,810 | £300,000 | 48 SPINNERS WAY |
| 30 Nov 2021 | £2,650 | £2,450 | 5 PEAK CLOSE |
This house has a floor area of 121 sq meters or 1,306 sq feet when measured on 30 Apr 2010. Using an estimated price of £345,757 means this house is valued at £2,849 per sq meter (£264 per sq foot).
The average size of a house on SPINNERS WAY is 128 sq meters (1,382 sq feet).