£207,540
This estimated value is based upon the latest sale price for the house of £122,000 on 14 Oct 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£122,000 | 14 Oct 2010 |
£60,000 | 19 May 1999 |
Detached |
Freehold |
Floor Area: 98 sq meters or 1,058 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 2010 the House Price Index for GREATER MANCHESTER was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £122,000 results in an estimated price of approximately £207,540.
14 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 148.6 | 70.115 % | £122,000 | £85,540 | £207,540 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 116.017 % | £141,541 | £263,541 |
3 Month Average | 39.203 % | £47,827 | £169,827 |
6 Month Average | 46.343 % | £56,538 | £178,538 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £228,381 | £225,000 | 73 ALDERLEY LANE |
11 Aug 2023 | £247,162 | £245,000 | 2 DUTTON GROVE |
3 Feb 2023 | £229,845 | £230,000 | 11 ENTWISTLE GROVE |
11 Jul 2022 | £310,837 | £310,000 | 3 DUTTON GROVE |
7 Jul 2022 | £298,804 | £298,000 | 4 DEEPDALE |
This house has a floor area of 98 sq meters or 1,058 sq feet when measured on 10 Mar 2011. Using an estimated price of £207,540 means this house is valued at £2,110 per sq meter (£196 per sq foot).
The average size of a house on OAKHEAD is 112 sq meters (1,208 sq feet).