£495,869
This estimated value is based upon the latest sale price for the house of £400,000 on 20 Aug 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 20 Aug 2019 |
| £345,000 | 4 May 2018 |
| £129,950 | 16 Feb 1999 |
| Detached |
| Freehold |
| Floor Area: 213 sq meters or 2,292 sq feet |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in August 2019 the House Price Index for LANCASHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £400,000 results in an estimated price of approximately £495,869.
| 20 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £400,000 | £95,869 | £495,869 |
The Postcode Pricing Model uses changes in average sales price within the OL13 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 | 60.204 % | £240,817 | £640,817 |
| 3 Month Average | 85.620 % | £342,481 | £742,481 |
| 6 Month Average | 46.204 % | £184,817 | £584,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2024 | £385,000 | £385,000 | WINTERLEIGH MILL LANE |
| 22 Mar 2024 | £137,107 | £135,000 | 11 GREAVE CLOUGH CLOSE |
| 13 Nov 2023 | £132,360 | £129,000 | 9 GREAVE CLOUGH CLOSE |
| 15 Sep 2023 | £138,043 | £135,000 | 10 TUNSTEAD MILL TERRACE |
| 24 Feb 2023 | £171,143 | £170,000 | 27 MOORSIDE CRESCENT |
This house has a floor area of 213 sq meters or 2,292 sq feet when measured on 7 Jun 2013. Using an estimated price of £495,870 means this house is valued at £2,328 per sq meter (£216 per sq foot).
The average size of a house on TODMORDEN ROAD is 109 sq meters (1,175 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Greave Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arthur Street |