£177,578
This estimated value is based upon the latest sale price for the house of £138,000 on 26 May 2017. 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 |
|---|---|
| £138,000 | 26 May 2017 |
| £122,000 | 13 Jun 2014 |
| £115,000 | 11 Jan 2010 |
| £124,995 | 14 Jan 2005 |
| £64,995 | 31 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2017 the House Price Index for GREATER MANCHESTER was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £138,000 results in an estimated price of approximately £177,578.
| 26 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £138,000 | £39,578 | £177,578 |
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 | 40.073 % | £55,300 | £193,300 |
| 3 Month Average | 23.526 % | £32,466 | £170,466 |
| 6 Month Average | 35.301 % | £48,715 | £186,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £215,000 | £215,000 | 32 LEECH AVENUE |
| 20 Dec 2023 | £170,992 | £168,000 | 3 HAMPSON ROAD |
| 6 Dec 2023 | £253,434 | £249,000 | 60 LEECH AVENUE |
| 24 Apr 2023 | £181,959 | £180,000 | 42 LEECH AVENUE |
| 7 Mar 2023 | £214,521 | £212,500 | 3 LEECH AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 17 Jan 2014. Using an estimated price of £177,579 means this house is valued at £2,611 per sq meter (£242 per sq foot).
The average size of a house on PROSPECT ROAD is 73 sq meters (790 sq feet).