£226,182
This estimated value is based upon the latest sale price for the house of £119,950 on 3 Dec 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£119,950 | 3 Dec 2004 |
Semi-Detached |
Leasehold |
Floor Area: 85 sq meters or 914 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 December 2004 the House Price Index for GREATER MANCHESTER was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £119,950 results in an estimated price of approximately £226,182.
3 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.8 | 148.6 | 88.564 % | £119,950 | £106,232 | £226,182 |
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 | 11.860 % | £14,226 | £134,176 |
3 Month Average | 90.812 % | £108,928 | £228,878 |
6 Month Average | 92.055 % | £110,420 | £230,370 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £202,590 | £200,000 | 20 VISCOUNT AVENUE |
8 Sep 2023 | £131,684 | £130,000 | 106 QUEENS ROAD |
30 Jun 2023 | £265,213 | £262,000 | 21 FRESHWATER DRIVE |
3 Mar 2023 | £211,997 | £210,000 | 23 VISCOUNT AVENUE |
30 Nov 2022 | £237,128 | £240,000 | 24 FRESHWATER DRIVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 13 Sep 2016. Using an estimated price of £226,182 means this house is valued at £2,660 per sq meter (£247 per sq foot).
The average size of a house on FRESHWATER DRIVE is 101 sq meters (1,087 sq feet).