£102,146
This estimated value is based upon the latest sale price for the house of £72,000 on 1 Sep 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £72,000 | 1 Sep 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 September 2015 the House Price Index for GREATER MANCHESTER was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £72,000 results in an estimated price of approximately £102,146.
| 1 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £72,000 | £30,146 | £102,146 |
The Postcode Pricing Model uses changes in average sales price within the OL6 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 | -8.565 % | £-6,166 | £65,833 |
| 3 Month Average | 61.315 % | £44,146 | £116,146 |
| 6 Month Average | 54.412 % | £39,176 | £111,176 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £234,096 | £230,000 | 44 HARTSHEAD AVENUE |
| 30 Nov 2023 | £166,464 | £164,000 | 4 TIMPERLEY ROAD |
| 15 Sep 2023 | £227,914 | £225,000 | 4 GUILDFORD DRIVE |
| 7 Aug 2023 | £277,427 | £275,000 | 237 BROADOAK ROAD |
| 17 Feb 2023 | £179,879 | £180,000 | 8 HARTSHEAD ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 13 May 2015. Using an estimated price of £102,147 means this house is valued at £1,216 per sq meter (£112 per sq foot).
The average size of a house on HARTSHEAD ROAD is 97 sq meters (1,051 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (904 sq feet).