£257,155
This estimated value is based upon the latest sale price for the house of £146,995 on 27 Jun 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
Price Paid | Date |
---|---|
£146,995 | 27 Jun 2006 |
Detached |
Leasehold |
Floor Area: 93 sq meters or 1,001 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 June 2006 the House Price Index for GREATER MANCHESTER was 85.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.941%.Applying this 74.941% change to the original purchase price of £146,995 results in an estimated price of approximately £257,155.
27 Jun 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.6 | 149.7 | 74.941 % | £146,995 | £110,160 | £257,155 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 18.479 % | £27,163 | £174,158 |
3 Month Average | 66.511 % | £97,767 | £244,762 |
6 Month Average | 75.901 % | £111,570 | £258,565 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £216,657 | £210,000 | 3 OLANYIAN DRIVE |
27 Nov 2023 | £235,990 | £230,000 | 8 BLOOMFIELD DRIVE |
4 Sep 2023 | £511,271 | £500,000 | 130 FAIRY LANE |
24 Aug 2023 | £208,765 | £205,000 | 1 OLANYIAN DRIVE |
17 Aug 2022 | £205,963 | £205,000 | 28 EVERSIDE DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 3 Dec 2018. Using an estimated price of £257,155 means this house is valued at £2,765 per sq meter (£256 per sq foot).
The average size of a house on OLANYIAN DRIVE is 83 sq meters (901 sq feet).