£187,975
This estimated value is based upon the latest sale price for the house of £150,000 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £150,000 | 29 Mar 2018 |
| £37,000 | 31 May 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 March 2018 the House Price Index for GREATER MANCHESTER was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £150,000 results in an estimated price of approximately £187,975.
| 29 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £150,000 | £37,975 | £187,975 |
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 | 65.252 % | £97,877 | £247,877 |
| 3 Month Average | 53.023 % | £79,534 | £229,534 |
| 6 Month Average | 52.975 % | £79,462 | £229,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £192,461 | £190,000 | 600 HEYWOOD OLD ROAD |
| 30 Aug 2023 | £131,147 | £130,000 | 67 LATRIGG CRESCENT |
| 24 Mar 2023 | £311,939 | £309,000 | 10 MANESTY CLOSE |
| 23 Mar 2023 | £277,615 | £275,000 | 761 HEYWOOD OLD ROAD |
| 19 Aug 2022 | £150,096 | £150,500 | 116 LATRIGG CRESCENT |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 29 Aug 2017. Using an estimated price of £187,975 means this house is valued at £3,417 per sq meter (£317 per sq foot).
The average size of a house on HEYWOOD OLD ROAD is 104 sq meters (1,125 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).