£240,239
This estimated value is based upon the latest sale price for the house of £220,500 on 25 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £220,500 | 25 Nov 2021 |
| £170,000 | 10 Jul 2019 |
| £80,000 | 10 Jul 2017 |
| Terraced |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 November 2021 the House Price Index for GREATER MANCHESTER was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £220,500 results in an estimated price of approximately £240,239.
| 25 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £220,500 | £19,739 | £240,239 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 61.615 % | £135,860 | £356,360 |
| 3 Month Average | 12.970 % | £28,597 | £249,097 |
| 6 Month Average | 14.103 % | £31,098 | £251,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £274,213 | £270,000 | 3 CHADWICK LANE |
| 5 Mar 2024 | £205,660 | £202,500 | 17 RYECROFT AVENUE |
| 1 Mar 2024 | £172,653 | £170,000 | 126 ROCHDALE ROAD EAST |
| 1 Mar 2024 | £129,997 | £128,000 | 13 BARLEY HALL STREET |
| 23 Nov 2023 | £174,428 | £170,000 | 14 BARLEY HALL STREET |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 6 Dec 2018. Using an estimated price of £240,239 means this house is valued at £2,426 per sq meter (£225 per sq foot).
The average size of a house on CHADWICK LANE is 147 sq meters (1,592 sq feet).