£195,950
This estimated value is based upon the latest sale price for the house of £123,500 on 29 Jun 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£123,500 | 29 Jun 2007 |
£52,000 | 3 Sep 1999 |
£52,950 | 18 Jun 1996 |
Semi-Detached |
Leasehold |
Floor Area: 67 sq meters or 721 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 2007 the House Price Index for GREATER MANCHESTER was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £123,500 results in an estimated price of approximately £195,950.
29 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 148.6 | 58.665 % | £123,500 | £72,450 | £195,950 |
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 | -1.005 % | £-1,241 | £122,258 |
3 Month Average | 15.551 % | £19,205 | £142,705 |
6 Month Average | 38.935 % | £48,085 | £171,585 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £172,202 | £170,000 | 17 INGLETON MEWS |
19 Sep 2023 | £197,526 | £195,000 | 364 TOTTINGTON ROAD |
1 Sep 2023 | £180,305 | £178,000 | 8 OLIVE BANK |
11 Aug 2023 | £126,103 | £125,000 | 17 WALMSLEY STREET |
18 Jul 2023 | £94,522 | £93,250 | 21 OLIVE BANK |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 9 Sep 2014. Using an estimated price of £195,951 means this house is valued at £2,924 per sq meter (£271 per sq foot).
The average size of a house on OLIVE BANK is 81 sq meters (878 sq feet).