£433,263
This estimated value is based upon the latest sale price for the house of £250,000 on 29 Mar 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £250,000 | 29 Mar 2011 |
| £124,950 | 29 Jan 1999 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,632 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 March 2011 the House Price Index for GREATER MANCHESTER was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £250,000 results in an estimated price of approximately £433,263.
| 29 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £250,000 | £183,263 | £433,263 |
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 | 156.358 % | £390,895 | £640,895 |
| 3 Month Average | 76.785 % | £191,962 | £441,962 |
| 6 Month Average | 76.033 % | £190,083 | £440,083 |
| 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 |
| 29 Jul 2022 | £333,340 | £330,000 | 64 GREENVALE |
| 29 Apr 2022 | £368,285 | £355,000 | 101 CLAY LANE |
This house has a floor area of 151 sq meters or 1,632 sq feet when measured on 27 Aug 2009. Using an estimated price of £433,263 means this house is valued at £2,856 per sq meter (£265 per sq foot).
The average size of a house on PIPERS CLOSE is 161 sq meters (1,741 sq feet).
This house is the largest in the street with a floor area of 151 sq meters (1,632 sq feet).