£127,202
This estimated value is based upon the latest sale price for the house of £84,000 on 11 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £84,000 | 11 Aug 2014 |
| 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 2014 the House Price Index for GREATER MANCHESTER was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £84,000 results in an estimated price of approximately £127,202.
| 11 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £84,000 | £43,202 | £127,202 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 17.379 % | £14,598 | £98,598 |
| 3 Month Average | 23.256 % | £19,534 | £103,534 |
| 6 Month Average | 42.743 % | £35,904 | £119,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Feb 2023 | £89,939 | £90,000 | 33 ROSEFIELD CRESCENT |
| 2 Aug 2022 | £174,480 | £174,950 | 17 MARGARET AVENUE |
| 15 Jul 2022 | £94,254 | £94,000 | 23 ROSEFIELD CRESCENT |
| 6 Jul 2022 | £90,243 | £90,000 | 8 WAITHLANDS ROAD |
| 8 Jun 2022 | £136,935 | £135,000 | 185 KINGSWAY |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 25 Sep 2013. Using an estimated price of £127,203 means this house is valued at £1,429 per sq meter (£132 per sq foot).
There is one other house on the street which we know the size of, this is 71 WAITHLANDS ROAD it is 123.0