£386,668
This estimated value is based upon the latest sale price for the house of £310,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £310,000 | 25 May 2018 |
| £287,500 | 28 Feb 2007 |
| £120,000 | 26 Feb 1999 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,516 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 2018 the House Price Index for GREATER MANCHESTER was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £310,000 results in an estimated price of approximately £386,668.
| 25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £310,000 | £76,668 | £386,668 |
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 | 88.872 % | £275,501 | £585,501 |
| 3 Month Average | 40.153 % | £124,474 | £434,474 |
| 6 Month Average | 32.609 % | £101,088 | £411,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £751,120 | £740,000 | 76 GREENVALE |
| 16 Jun 2023 | £440,334 | £435,000 | 8 RILLDENE WALK |
| 11 Nov 2022 | £486,606 | £492,500 | 1 GALBRAITH WAY |
| 29 Jul 2022 | £330,891 | £330,000 | 64 GREENVALE |
| 29 Apr 2022 | £365,579 | £355,000 | 101 CLAY LANE |
This house has a floor area of 140 sq meters or 1,516 sq feet when measured on 17 Mar 2011. Using an estimated price of £386,669 means this house is valued at £2,743 per sq meter (£254 per sq foot).
The average size of a house on PIPERS CLOSE is 161 sq meters (1,741 sq feet).