£297,562
This estimated value is based upon the latest sale price for the house of £215,000 on 14 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £215,000 | 14 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £215,000 results in an estimated price of approximately £297,562.
| 14 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £215,000 | £82,562 | £297,562 |
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 | -9.480 % | £-20,382 | £194,617 |
| 3 Month Average | 56.543 % | £121,567 | £336,567 |
| 6 Month Average | 49.180 % | £105,738 | £320,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jan 2023 | £180,151 | £181,000 | 9 SMALLSHAW LANE |
| 24 Nov 2022 | £61,258 | £62,000 | 7A SMALLSHAW LANE |
| 26 Aug 2022 | £184,503 | £185,000 | 6 WOOD LANE |
| 10 Jun 2022 | £151,085 | £148,950 | 46 CARLTON ROAD |
| 28 Mar 2022 | £238,340 | £230,000 | 81 WATERLOO ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 8 Oct 2012. Using an estimated price of £297,563 means this house is valued at £2,399 per sq meter (£222 per sq foot).
The average size of a house on BROADOAK ROAD is 109 sq meters (1,173 sq feet).