£175,021
This estimated value is based upon the latest sale price for the house of £141,500 on 8 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £141,500 | 8 Aug 2018 |
| £47,000 | 20 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2018 the House Price Index for GREATER MANCHESTER was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £141,500 results in an estimated price of approximately £175,021.
| 8 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £141,500 | £33,521 | £175,021 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 52.794 % | £74,703 | £216,203 |
| 3 Month Average | 50.494 % | £71,449 | £212,949 |
| 6 Month Average | 38.394 % | £54,327 | £195,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £160,046 | £158,000 | 28 REINS LEE ROAD |
| 29 Jun 2023 | £192,330 | £190,000 | 63 DOWNSHAW ROAD |
| 28 Mar 2023 | £186,760 | £185,000 | 44 DOWNSHAW ROAD |
| 8 Nov 2022 | £124,492 | £126,000 | 3 STORE STREET |
| 15 Aug 2022 | £137,630 | £138,000 | 21 REINS LEE ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 13 Apr 2018. Using an estimated price of £175,022 means this house is valued at £1,966 per sq meter (£182 per sq foot).
The average size of a house on BEECH MOUNT is 93 sq meters (1,011 sq feet).