£164,639
This estimated value is based upon the latest sale price for the house of £95,000 on 18 Mar 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £95,000 | 18 Mar 2011 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 863 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 March 2011 the House Price Index for GREATER MANCHESTER was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £95,000 results in an estimated price of approximately £164,639.
| 18 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £95,000 | £69,639 | £164,639 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 93.787 % | £89,098 | £184,098 |
| 3 Month Average | 83.474 % | £79,299 | £174,299 |
| 6 Month Average | 66.130 % | £62,823 | £157,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £291,623 | £285,000 | 7 WEATHERLY CLOSE |
| 5 Jun 2023 | £321,442 | £315,000 | 920 ASHTON ROAD |
| 22 Jul 2022 | £101,012 | £100,000 | 880 ASHTON ROAD |
| 29 Apr 2022 | £172,212 | £166,000 | 37 EWOOD |
| 31 Mar 2022 | £245,324 | £235,000 | 13C HILARY AVENUE |
This house has a floor area of 80 sq meters or 863 sq feet when measured on 7 Oct 2010. Using an estimated price of £164,640 means this house is valued at £2,051 per sq meter (£190 per sq foot).
The average size of a house on ASHTON ROAD is 79 sq meters (850 sq feet).