£54,170
This estimated value is based upon the latest sale price for the house of £43,500 on 24 May 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£43,500 | 24 May 2019 |
£24,500 | 20 Feb 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £43,500 results in an estimated price of approximately £54,170.
24 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £43,500 | £10,670 | £54,170 |
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 | 102.316 % | £44,507 | £88,007 |
3 Month Average | 35.653 % | £15,509 | £59,009 |
6 Month Average | 74.481 % | £32,399 | £75,899 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Apr 2024 | £171,489 | £170,000 | 23 KINGS GROVE |
13 Dec 2023 | £92,853 | £90,000 | 1 SPINNERS GARDENS |
20 Oct 2023 | £66,511 | £65,000 | FLAT 40 KINGFISHER COURT GREAT HOWARTH |
29 Mar 2023 | £203,397 | £200,000 | 17 KINGS GROVE |
23 Mar 2023 | £140,852 | £138,500 | 113 WARDLE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 24 Jul 2017. Using an estimated price of £54,170 means this house is valued at £762 per sq meter (£70 per sq foot).
The average size of a house on GREAT HOWARTH is 72 sq meters (784 sq feet).