£110,338
This estimated value is based upon the latest sale price for the house of £74,000 on 24 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £74,000 | 24 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 October 2014 the House Price Index for GREATER MANCHESTER was 99.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.106%.Applying this 49.106% change to the original purchase price of £74,000 results in an estimated price of approximately £110,338.
| 24 Oct 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.0 | 49.106 % | £74,000 | £36,338 | £110,338 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 83.722 % | £61,953 | £135,953 |
| 3 Month Average | 53.574 % | £39,644 | £113,644 |
| 6 Month Average | 55.875 % | £41,347 | £115,347 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £273,168 | £268,000 | 14 WEAVER CLOSE |
| 11 Dec 2023 | £112,121 | £110,000 | 8 BRECHIN WAY |
| 3 Nov 2023 | £200,575 | £198,000 | 97 ARGYLE STREET |
| 30 Jan 2023 | £141,259 | £142,500 | 5 BALMORAL DRIVE |
| 13 Jan 2023 | £135,807 | £137,000 | 12 BRECHIN WAY |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 28 Feb 2015. Using an estimated price of £110,339 means this house is valued at £1,345 per sq meter (£125 per sq foot).
The average size of a house on ATHOLL DRIVE is 86 sq meters (928 sq feet).