£496,460
This estimated value is based upon the latest sale price for the house of £291,500 on 21 Aug 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £291,500 | 21 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,233 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 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £291,500 results in an estimated price of approximately £496,460.
| 21 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £291,500 | £204,960 | £496,460 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | -2.852 % | £-8,312 | £283,187 |
| 3 Month Average | 11.923 % | £34,755 | £326,255 |
| 6 Month Average | 35.677 % | £103,997 | £395,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £216,897 | £215,000 | 158 COTSWOLD CRESCENT |
| 14 Jul 2023 | £375,048 | £370,000 | 2 CHEVIOT CLOSE |
| 13 Jul 2023 | £582,844 | £575,000 | 469 WALSHAW ROAD |
| 26 Jul 2022 | £501,350 | £500,000 | 4 BROOKTHORPE ROAD |
| 17 Jun 2022 | £202,867 | £200,000 | 151 COTSWOLD CRESCENT |
This house has a floor area of 114 sq meters or 1,233 sq feet when measured on 23 Mar 2011. Using an estimated price of £496,461 means this house is valued at £4,333 per sq meter (£402 per sq foot).
The average size of a house on OWLERBARROW ROAD is 194 sq meters (2,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ainsworth Road |