£241,029
This estimated value is based upon the latest sale price for the house of £195,000 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £195,000 | 27 Sep 2019 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 September 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £195,000 results in an estimated price of approximately £241,029.
| 27 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £195,000 | £46,029 | £241,029 |
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 | 50.190 % | £97,870 | £292,870 |
| 3 Month Average | 37.148 % | £72,437 | £267,437 |
| 6 Month Average | 28.428 % | £55,435 | £250,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2023 | £152,548 | £150,000 | 54 HARE HILL ROAD |
| 15 Feb 2023 | £223,493 | £222,000 | 27 HARE HILL ROAD |
| 12 Jul 2022 | £175,890 | £174,128 | 37 HARE HILL ROAD |
| 8 Apr 2022 | £129,678 | £125,000 | 14 BAREHILL STREET |
| 18 Feb 2022 | £151,602 | £143,500 | APARTMENT 6 LITHO HOUSE, 5 LEAH STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 14 Aug 2019. Using an estimated price of £241,029 means this house is valued at £2,678 per sq meter (£248 per sq foot).
The average size of a house on HARE HILL ROAD is 100 sq meters (1,076 sq feet).