£467,937
This estimated value is based upon the latest sale price for the house of £325,000 on 27 Aug 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£325,000 | 27 Aug 2015 |
£294,000 | 9 Nov 2012 |
£161,000 | 9 Feb 2001 |
Detached |
Freehold |
Floor Area: 177 sq meters or 1,905 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 August 2015 the House Price Index for GREATER MANCHESTER was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £325,000 results in an estimated price of approximately £467,937.
27 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 149.7 | 43.981 % | £325,000 | £142,937 | £467,937 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 64.606 % | £209,968 | £534,968 |
3 Month Average | 37.454 % | £121,726 | £446,726 |
6 Month Average | 44.403 % | £144,310 | £469,310 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £481,396 | £474,000 | 13 GALBRAITH WAY |
16 Jun 2023 | £443,896 | £435,000 | 8 RILLDENE WALK |
11 Nov 2022 | £490,208 | £492,500 | 1 GALBRAITH WAY |
11 Aug 2021 | £528,221 | £470,000 | 2 CLAYMERE AVENUE |
24 Jun 2021 | £459,368 | £425,000 | 5 PIPERS CLOSE |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 8 Nov 2016. Using an estimated price of £467,937 means this house is valued at £2,643 per sq meter (£245 per sq foot).
The average size of a house on CLAYMERE AVENUE is 168 sq meters (1,814 sq feet).