£308,323
This estimated value is based upon the latest sale price for the house of £65,000 on 15 May 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £65,000 | 15 May 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 May 1998 the House Price Index for GREATER MANCHESTER was 31.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 374.343%.Applying this 374.343% change to the original purchase price of £65,000 results in an estimated price of approximately £308,323.
| 15 May 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 149.7 | 374.343 % | £65,000 | £243,323 | £308,323 |
The Postcode Pricing Model uses changes in average sales price within the M6 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 | 400.877 % | £260,570 | £325,570 |
| 3 Month Average | 532.619 % | £346,202 | £411,202 |
| 6 Month Average | 522.489 % | £339,618 | £404,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £216,883 | £215,000 | 3 ORAMA AVENUE |
| 22 Mar 2024 | £243,745 | £240,000 | 22 OXFORD ROAD |
| 8 Dec 2023 | £155,787 | £151,000 | FLAT 17 VICTORIA HOUSE VICTORIA ROAD |
| 31 Aug 2023 | £188,398 | £185,000 | 11A ORAMA AVENUE |
| 16 Jun 2023 | £214,294 | £210,000 | 15 ORAMA AVENUE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 19 May 2014. Using an estimated price of £308,323 means this house is valued at £3,211 per sq meter (£298 per sq foot).
The average size of a house on OXFORD ROAD is 90 sq meters (978 sq feet).