£172,875
This estimated value is based upon the latest sale price for the house of £139,950 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £139,950 | 15 Feb 2019 |
| £70,000 | 28 Feb 2003 |
| £59,950 | 16 Jul 2001 |
| £48,000 | 26 Jul 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 February 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £139,950 results in an estimated price of approximately £172,875.
| 15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £139,950 | £32,925 | £172,875 |
The Postcode Pricing Model uses changes in average sales price within the OL1 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 | -6.712 % | £-9,393 | £130,556 |
| 3 Month Average | -9.353 % | £-13,090 | £126,859 |
| 6 Month Average | 4.993 % | £6,987 | £146,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £146,878 | £145,000 | 32 HODGE CLOUGH ROAD |
| 19 Jul 2023 | £217,933 | £215,000 | 123 HODGE CLOUGH ROAD |
| 17 Feb 2023 | £264,822 | £265,000 | 85 HODGE CLOUGH ROAD |
| 10 Nov 2022 | £115,600 | £117,000 | 8 DALESMAN DRIVE |
| 24 Aug 2022 | £204,450 | £205,000 | 105 HODGE CLOUGH ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 30 Jan 2014. Using an estimated price of £172,876 means this house is valued at £2,542 per sq meter (£236 per sq foot).
The average size of a house on DALESMAN DRIVE is 83 sq meters (897 sq feet).