£367,325
This estimated value is based upon the latest sale price for the house of £250,000 on 10 Apr 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £250,000 | 10 Apr 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 April 2015 the House Price Index for GREATER MANCHESTER was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £250,000 results in an estimated price of approximately £367,325.
| 10 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £250,000 | £117,325 | £367,325 |
The Postcode Pricing Model uses changes in average sales price within the OL6 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 | 24.412 % | £61,029 | £311,029 |
| 3 Month Average | 53.597 % | £133,992 | £383,992 |
| 6 Month Average | 53.845 % | £134,613 | £384,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £178,401 | £176,000 | 15A ROCK TERRACE |
| 30 Jun 2023 | £288,495 | £285,000 | 36 CHAMBERLAIN ROAD |
| 2 Sep 2022 | £335,292 | £338,000 | 103 ARLIES LANE |
| 23 Aug 2022 | £244,342 | £245,000 | HOPKINS FARM COTTAGE, 15 ARLIES LANE |
| 14 Jun 2022 | £177,509 | £175,000 | 12 BOUNDARY CLOSE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 27 Nov 2014. Using an estimated price of £367,326 means this house is valued at £2,892 per sq meter (£268 per sq foot).
The average size of a house on LUZLEY ROAD is 179 sq meters (1,928 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,367 sq feet).