£125,737
This estimated value is based upon the latest sale price for the house of £96,995 on 25 May 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£96,995 | 25 May 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 452 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 May 2017 the House Price Index for GREATER MANCHESTER was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £96,995 results in an estimated price of approximately £125,737.
25 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £96,995 | £28,742 | £125,737 |
The Postcode Pricing Model uses changes in average sales price within the OL12 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 | 25.056 % | £24,303 | £121,298 |
3 Month Average | 28.210 % | £27,362 | £124,357 |
6 Month Average | 44.519 % | £43,181 | £140,176 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £230,860 | £225,000 | 1 THE REFECTORY OAKHURST DRIVE |
23 Jun 2023 | £193,885 | £190,000 | APARTMENT 12 BIRCH HILL CLOCK TOWER OAKHURST DRIVE |
4 Apr 2023 | £254,765 | £250,000 | 2 THE REFECTORY OAKHURST DRIVE |
12 Oct 2022 | £230,231 | £231,000 | 39A BIRCH HILL CRESCENT |
10 Sep 2022 | £184,377 | £184,500 | APARTMENT 35 BIRCH HILL CLOCK TOWER OAKHURST DRIVE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 15 Dec 2016. Using an estimated price of £125,737 means this house is valued at £2,993 per sq meter (£278 per sq foot).
The average size of a house on OAKHURST DRIVE is 84 sq meters (912 sq feet).