£250,591
This estimated value is based upon the latest sale price for the house of £170,000 on 20 Mar 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£170,000 | 20 Mar 2015 |
£62,000 | 30 Oct 1998 |
£58,500 | 29 May 1998 |
Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 2015 the House Price Index for GREATER MANCHESTER was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £170,000 results in an estimated price of approximately £250,591.
20 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 148.6 | 47.407 % | £170,000 | £80,591 | £250,591 |
The Postcode Pricing Model uses changes in average sales price within the OL4 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 | 143.079 % | £243,233 | £413,233 |
3 Month Average | 86.469 % | £146,996 | £316,996 |
6 Month Average | 39.121 % | £66,505 | £236,505 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £244,223 | £239,950 | 20 SPRING HALL RISE |
24 Nov 2023 | £431,387 | £425,000 | 33 WHINBERRY WAY |
3 Jul 2023 | £385,184 | £380,000 | 29 SPINNERS WAY |
17 Feb 2023 | £289,805 | £290,000 | 3 JUNIPER CLOSE |
6 Jan 2023 | £178,161 | £179,000 | 6 SPRING HALL RISE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 31 Oct 2008. Using an estimated price of £250,592 means this house is valued at £2,982 per sq meter (£277 per sq foot).
The average size of a house on WHINBERRY WAY is 119 sq meters (1,282 sq feet).