£340,995
This estimated value is based upon the latest sale price for the house of £282,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £282,000 | 17 Jul 2020 |
| £167,000 | 16 Jun 2014 |
| Detached |
| Leasehold |
| Floor Area: 95 sq meters or 1,025 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 July 2020 the House Price Index for GREATER MANCHESTER was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £282,000 results in an estimated price of approximately £340,995.
| 17 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £282,000 | £58,995 | £340,995 |
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 | 117.810 % | £332,225 | £614,225 |
| 3 Month Average | 28.612 % | £80,684 | £362,684 |
| 6 Month Average | 37.107 % | £104,641 | £386,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £151,943 | £150,000 | 98 MIDDLETON ROAD |
| 22 Sep 2023 | £216,994 | £214,220 | 125 MIDDLETON ROAD |
| 15 Jun 2023 | £222,698 | £220,000 | 5 HENDON GROVE |
| 17 Apr 2023 | £136,469 | £135,000 | 109 MIDDLETON ROAD |
| 13 Jan 2023 | £4,674 | £4,696 | 10 THORNBANK CLOSE |
This house has a floor area of 95 sq meters or 1,025 sq feet when measured on 5 Jul 2011. Using an estimated price of £340,995 means this house is valued at £3,578 per sq meter (£332 per sq foot).