£206,146
This estimated value is based upon the latest sale price for the house of £203,500 on 20 Nov 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £203,500 | 20 Nov 2023 |
| £161,000 | 28 Jul 2006 |
| £161,000 | 28 Jul 2006 |
| Semi-Detached |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 November 2023 the House Price Index for GREATER MANCHESTER was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £203,500 results in an estimated price of approximately £206,146.
| 20 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £203,500 | £2,646 | £206,146 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | -41.418 % | £-84,285 | £119,214 |
| 3 Month Average | -10.802 % | £-21,981 | £181,518 |
| 6 Month Average | -4.465 % | £-9,085 | £194,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £187,548 | £184,000 | 319 MILNROW ROAD |
| 20 Nov 2023 | £206,146 | £203,500 | 12A MERINALL CLOSE |
| 30 Jun 2023 | £78,638 | £78,000 | 11 WINDSOR TERRACE |
| 29 Jul 2022 | £141,808 | £142,000 | 321 MILNROW ROAD |
| 29 Jul 2022 | £129,825 | £130,000 | 37 BINGLEY ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 17 Nov 2021. Using an estimated price of £206,146 means this house is valued at £2,316 per sq meter (£215 per sq foot).
The average size of a house on MERINALL CLOSE is 120 sq meters (1,301 sq feet).