£215,272
This estimated value is based upon the latest sale price for the house of £181,300 on 16 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£181,300 | 16 Sep 2020 |
Semi-Detached |
Leasehold |
Floor Area: 84 sq meters or 904 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 September 2020 the House Price Index for GREATER MANCHESTER was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £181,300 results in an estimated price of approximately £215,272.
16 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £181,300 | £33,972 | £215,272 |
The Postcode Pricing Model uses changes in average sales price within the OL6 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 | 30.463 % | £55,230 | £236,530 |
3 Month Average | 17.526 % | £31,774 | £213,074 |
6 Month Average | 29.300 % | £53,121 | £234,421 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £205,000 | £205,000 | 14 NEAL AVENUE |
3 Aug 2023 | £181,589 | £180,000 | 31 BEAUFORT ROAD |
21 Jul 2023 | £215,906 | £213,000 | 51 BEAUFORT ROAD |
9 Jun 2023 | £245,980 | £243,000 | 35 NEAL AVENUE |
21 Apr 2023 | £232,503 | £230,000 | 49 BEAUFORT ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 5 Mar 2020. Using an estimated price of £215,272 means this house is valued at £2,562 per sq meter (£238 per sq foot).
The average size of a house on HEYS ROAD is 96 sq meters (1,043 sq feet).