£331,209
This estimated value is based upon the latest sale price for the house of £249,000 on 24 Jun 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£249,000 | 24 Jun 2016 |
£285,000 | 23 Oct 2009 |
£107,950 | 8 Mar 1996 |
Detached |
Leasehold |
Floor Area: 121 sq meters or 1,306 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 2016 the House Price Index for GREATER MANCHESTER was 111.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.016%.Applying this 33.016% change to the original purchase price of £249,000 results in an estimated price of approximately £331,209.
24 Jun 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.0 | 33.016 % | £249,000 | £82,209 | £331,209 |
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 | 61.000 % | £151,890 | £400,890 |
3 Month Average | 37.462 % | £93,280 | £342,280 |
6 Month Average | 57.215 % | £142,466 | £391,466 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £170,576 | £170,000 | 126 ROCHDALE ROAD EAST |
23 Nov 2023 | £172,211 | £170,000 | 14 BARLEY HALL STREET |
20 Nov 2023 | £177,276 | £175,000 | 4 HAROLD LEES ROAD |
31 Mar 2023 | £454,959 | £452,500 | 43 HAROLD LEES ROAD |
8 Jul 2022 | £429,420 | £430,000 | 160 ROCHDALE ROAD EAST |
This house has a floor area of 121 sq meters or 1,306 sq feet when measured on 14 Jul 2009. Using an estimated price of £331,209 means this house is valued at £2,728 per sq meter (£253 per sq foot).
The average size of a house on HAROLD LEES ROAD is 170 sq meters (1,837 sq feet).