£147,803
This estimated value is based upon the latest sale price for the house of £39,950 on 30 Aug 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£39,950 | 30 Aug 2000 |
£35,950 | 7 Mar 1997 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 581 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 August 2000 the House Price Index for GREATER MANCHESTER was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £39,950 results in an estimated price of approximately £147,803.
30 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 148.6 | 269.970 % | £39,950 | £107,853 | £147,803 |
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 | 250.375 % | £100,024 | £139,974 |
3 Month Average | 296.842 % | £118,588 | £158,538 |
6 Month Average | 312.205 % | £124,725 | £164,675 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £132,264 | £129,950 | 11 TANNERS FOLD |
17 Nov 2023 | £214,171 | £211,000 | 3 LICHENS CRESCENT |
22 Sep 2023 | £162,072 | £160,000 | 31 TANNERS FOLD |
1 Sep 2023 | £136,748 | £135,000 | 12 HOUGH CLOSE |
2 Jun 2023 | £156,901 | £155,000 | 19 WILDBROOK CRESCENT |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 28 Oct 2014. Using an estimated price of £147,803 means this house is valued at £2,737 per sq meter (£254 per sq foot).
The average size of a house on HOUGH CLOSE is 68 sq meters (739 sq feet).