£151,754
This estimated value is based upon the latest sale price for the house of £121,995 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £121,995 | 29 Jun 2018 |
| Terraced |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 June 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £121,995 results in an estimated price of approximately £151,754.
| 29 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £121,995 | £29,759 | £151,754 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 4.208 % | £5,133 | £127,128 |
| 3 Month Average | 23.805 % | £29,040 | £151,035 |
| 6 Month Average | 28.758 % | £35,083 | £157,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £167,023 | £165,000 | 14 WHITEBANK ROAD |
| 23 Jun 2023 | £151,839 | £150,000 | 112 ELM ROAD |
| 8 Mar 2023 | £172,626 | £171,000 | 65 STAG PASTURE ROAD |
| 11 Oct 2022 | £247,337 | £250,000 | 56 WHITEBANK ROAD |
| 5 Jul 2022 | £185,499 | £185,000 | 155 ELM ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 29 Jun 2018. Using an estimated price of £151,755 means this house is valued at £2,199 per sq meter (£204 per sq foot).
The average size of a house on WHITEBANK ROAD is 88 sq meters (952 sq feet).