£86,719
This estimated value is based upon the latest sale price for the house of £56,340 on 11 Jul 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £56,340 | 11 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 July 2014 the House Price Index for GREATER MANCHESTER was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £56,340 results in an estimated price of approximately £86,719.
| 11 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £56,340 | £30,379 | £86,719 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 11.840 % | £6,670 | £63,010 |
| 3 Month Average | 37.198 % | £20,957 | £77,297 |
| 6 Month Average | 45.253 % | £25,495 | £81,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £178,551 | £177,000 | 15 DENHOLME ROAD |
| 6 Oct 2023 | £164,230 | £160,500 | 28 GREEN BRIDGE CLOSE |
| 29 Sep 2023 | £127,818 | £125,000 | 4 GREEN BRIDGE CLOSE |
| 8 Jun 2023 | £176,028 | £172,500 | 3 DAVENTRY ROAD |
| 7 Oct 2022 | £137,541 | £138,000 | 17 GREEN BRIDGE CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 10 Dec 2013. Using an estimated price of £86,719 means this house is valued at £1,204 per sq meter (£111 per sq foot).
The average size of a house on DENHOLME ROAD is 101 sq meters (1,087 sq feet).