£297,218
This estimated value is based upon the latest sale price for the house of £225,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £225,000 | 9 Dec 2016 |
| £93,000 | 25 Sep 2000 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 December 2016 the House Price Index for GREATER MANCHESTER was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £225,000 results in an estimated price of approximately £297,218.
| 9 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £225,000 | £72,218 | £297,218 |
The Postcode Pricing Model uses changes in average sales price within the OL15 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 | 37.166 % | £83,622 | £308,622 |
| 3 Month Average | 28.233 % | £63,524 | £288,524 |
| 6 Month Average | 45.256 % | £101,826 | £326,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2024 | £290,000 | £290,000 | 153 CALDERBROOK ROAD |
| 29 Sep 2023 | £132,930 | £130,000 | 13 MOUNT AVENUE |
| 1 Aug 2023 | £183,255 | £179,950 | 3 CLAY CROFT TERRACE |
| 1 Sep 2022 | £224,850 | £225,000 | 59 CALDERBROOK ROAD |
| 29 Jul 2022 | £181,822 | £180,000 | 7 MOORFIELD AVENUE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 9 Sep 2013. Using an estimated price of £297,219 means this house is valued at £2,185 per sq meter (£203 per sq foot).
The average size of a house on CALDERBROOK ROAD is 98 sq meters (1,064 sq feet).