£71,988
This estimated value is based upon the latest sale price for the house of £58,500 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£58,500 | 2 Aug 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 2019 the House Price Index for GREATER MANCHESTER was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £58,500 results in an estimated price of approximately £71,988.
2 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £58,500 | £13,488 | £71,988 |
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 | 47.751 % | £27,934 | £86,434 |
3 Month Average | 30.401 % | £17,784 | £76,284 |
6 Month Average | 22.416 % | £13,113 | £71,613 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £157,760 | £155,000 | 39 MALLORY AVENUE |
10 Jul 2023 | £141,910 | £140,000 | 45 WILSHAW LANE |
4 Jul 2023 | £157,115 | £155,000 | 10 MALLORY AVENUE |
30 Aug 2022 | £188,293 | £188,800 | 29 DALES BROW AVENUE |
13 Apr 2022 | £386,175 | £375,000 | WILSHAWDALE BARN WILSHAW LANE |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 14 Jan 2019. Using an estimated price of £71,988 means this house is valued at £1,894 per sq meter (£175 per sq foot).
The average size of a house on WATERMILL COURT is 73 sq meters (791 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (409 sq feet).