£190,835
This estimated value is based upon the latest sale price for the house of £180,000 on 5 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £180,000 | 5 Jan 2022 |
| £116,000 | 31 Jul 2013 |
| £67,000 | 1 Mar 2013 |
| Terraced |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 January 2022 the House Price Index for GREATER MANCHESTER was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £180,000 results in an estimated price of approximately £190,835.
| 5 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £180,000 | £10,835 | £190,835 |
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 | -9.039 % | £-16,270 | £163,729 |
| 3 Month Average | 5.399 % | £9,718 | £189,718 |
| 6 Month Average | 8.389 % | £15,100 | £195,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £282,162 | £275,000 | 7 LYNDALE DRIVE |
| 10 Nov 2023 | £169,297 | £165,000 | 33 CALDERBROOK ROAD |
| 20 Oct 2023 | £197,485 | £193,000 | 11 CALDERBROOK ROAD |
| 10 Aug 2023 | £239,316 | £235,000 | 1 LYNDALE DRIVE |
| 4 Aug 2023 | £193,490 | £190,000 | 81 HARE HILL ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 16 Jan 2013. Using an estimated price of £190,836 means this house is valued at £2,271 per sq meter (£211 per sq foot).
The average size of a house on HARE HILL ROAD is 100 sq meters (1,076 sq feet).