£317,752
This estimated value is based upon the latest sale price for the house of £265,000 on 10 Aug 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £265,000 | 10 Aug 2020 |
| £185,000 | 6 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 August 2020 the House Price Index for GREATER MANCHESTER was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £265,000 results in an estimated price of approximately £317,752.
| 10 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £265,000 | £52,752 | £317,752 |
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 | -16.295 % | £-43,182 | £221,817 |
| 3 Month Average | 0.045 % | £118 | £265,118 |
| 6 Month Average | 23.019 % | £60,999 | £325,999 |
| 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 159 sq meters or 1,711 sq feet when measured on 10 Dec 2015. Using an estimated price of £317,753 means this house is valued at £1,998 per sq meter (£185 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 largest in the street with a floor area of 159 sq meters (1,711 sq feet).