£282,368
This estimated value is based upon the latest sale price for the house of £226,995 on 28 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £226,995 | 28 Jun 2018 |
| Detached |
| Leasehold |
| Floor Area: 104 sq meters or 1,119 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 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £226,995 results in an estimated price of approximately £282,368.
| 28 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £226,995 | £55,373 | £282,368 |
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 | 4.208 % | £9,551 | £236,546 |
| 3 Month Average | 23.805 % | £54,035 | £281,030 |
| 6 Month Average | 28.758 % | £65,279 | £292,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jul 2022 | £190,463 | £189,950 | 271 CHAMBER ROAD |
| 4 Dec 2020 | £114,771 | £100,000 | 229 CHAMBER ROAD |
| 7 Jul 2020 | £200 | £165 | 251 CHAMBER ROAD |
| 10 Feb 2020 | £128,466 | £105,000 | 12 CARTMEL CLOSE |
| 31 Jan 2020 | £176,859 | £145,000 | 237 CHAMBER ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 27 Jun 2018. Using an estimated price of £282,369 means this house is valued at £2,715 per sq meter (£252 per sq foot).
The average size of a house on CHAMBER ROAD is 115 sq meters (1,244 sq feet).