£170,691
This estimated value is based upon the latest sale price for the house of £163,000 on 18 Aug 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£163,000 | 18 Aug 2022 |
£35,750 | 16 Jun 1995 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 August 2022 the House Price Index for GREATER MANCHESTER was 99.6.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 4.719%.Applying this 4.719% change to the original purchase price of £163,000 results in an estimated price of approximately £170,691.
18 Aug 2022 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 104.3 | 4.719 % | £163,000 | £7,691 | £170,691 |
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 | 34.404 % | £56,077 | £219,077 |
3 Month Average | 10.280 % | £16,757 | £179,757 |
6 Month Average | 20.568 % | £33,525 | £196,525 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2024 | £152,647 | £146,500 | 28 TITCHFIELD ROAD |
19 Dec 2023 | £187,976 | £175,000 | 2 APRIL CLOSE |
14 Jun 2023 | £232,954 | £220,000 | 34 HURSTWOOD CLOSE |
18 Aug 2022 | £170,692 | £163,000 | 7 APRIL CLOSE |
9 May 2022 | £165,980 | £155,000 | 15 TITCHFIELD ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 9 Oct 2021. Using an estimated price of £170,692 means this house is valued at £2,942 per sq meter (£273 per sq foot).
The average size of a house on APRIL CLOSE is 72 sq meters (785 sq feet).