£281,050
This estimated value is based upon the latest sale price for the house of £268,000 on 18 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £268,000 | 18 Feb 2022 |
| £99,000 | 28 Jun 2002 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 February 2022 the House Price Index for GREATER MANCHESTER was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £268,000 results in an estimated price of approximately £281,050.
| 18 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £268,000 | £13,050 | £281,050 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | -6.057 % | £-16,231 | £251,768 |
| 3 Month Average | 43.069 % | £115,424 | £383,424 |
| 6 Month Average | 11.589 % | £31,057 | £299,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £176,544 | £175,000 | 29 BARDSLEY VALE AVENUE |
| 5 Jun 2023 | £318,862 | £315,000 | 920 ASHTON ROAD |
| 2 Jun 2023 | £156,901 | £155,000 | 31 BARDSLEY VALE AVENUE |
| 24 Mar 2023 | £136,284 | £135,000 | 26 MERLIN CLOSE |
| 30 Sep 2022 | £317,437 | £320,000 | BLACK DIAMOND HOTEL, 955 ASHTON ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 20 Aug 2021. Using an estimated price of £281,050 means this house is valued at £4,015 per sq meter (£373 per sq foot).
The average size of a house on ASHTON ROAD is 79 sq meters (850 sq feet).