£177,909
This estimated value is based upon the latest sale price for the house of £145,000 on 11 Sep 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £145,000 | 11 Sep 2019 |
| £120,000 | 8 Jan 2016 |
| £45,000 | 12 Apr 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £145,000 results in an estimated price of approximately £177,909.
| 11 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £145,000 | £32,909 | £177,909 |
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 | 25.755 % | £37,344 | £182,344 |
| 3 Month Average | 33.485 % | £48,553 | £193,553 |
| 6 Month Average | 24.761 % | £35,903 | £180,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £183,720 | £181,000 | 338 OLDHAM ROAD |
| 14 Feb 2023 | £154,896 | £155,000 | 131 TAUNTON ROAD |
| 8 Feb 2023 | £184,876 | £185,000 | 317 OLDHAM ROAD |
| 23 Nov 2022 | £125,480 | £127,000 | WATERLOO LIBRARY TAUNTON ROAD |
| 8 Nov 2022 | £124,492 | £126,000 | 3 STORE STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 30 Jun 2016. Using an estimated price of £177,910 means this house is valued at £2,252 per sq meter (£209 per sq foot).
The average size of a house on BISHOP CLOSE is 71 sq meters (767 sq feet).
This house is the largest in the street with a floor area of 79 sq meters (850 sq feet).