£213,998
This estimated value is based upon the latest sale price for the house of £120,000 on 18 Sep 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 18 Sep 2009 |
| Semi-Detached |
| Leasehold |
| Floor Area: 90 sq meters or 976 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 September 2009 the House Price Index for GREATER MANCHESTER was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £120,000 results in an estimated price of approximately £213,998.
| 18 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £120,000 | £93,998 | £213,998 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 28.854 % | £34,624 | £154,624 |
| 3 Month Average | 50.826 % | £60,991 | £180,991 |
| 6 Month Average | 67.468 % | £80,962 | £200,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £189,567 | £186,250 | 8 HEYS LANE |
| 30 Nov 2023 | £243,607 | £240,000 | 3 HEADY HILL CLOSE |
| 8 Sep 2023 | £232,979 | £230,000 | 4 HEADY HILL CLOSE |
| 8 Sep 2023 | £217,785 | £215,000 | 177B ARGYLE STREET |
| 7 Nov 2022 | £642 | £650 | 12 CUMBERLAND AVENUE |
This house has a floor area of 90 sq meters or 976 sq feet when measured on 30 Mar 2009. Using an estimated price of £213,998 means this house is valued at £2,357 per sq meter (£219 per sq foot).
The average size of a house on DEVONSHIRE CLOSE is 124 sq meters (1,337 sq feet).
This house is the smallest in the street with a floor area of 90 sq meters (976 sq feet).