£323,201
This estimated value is based upon the latest sale price for the house of £183,000 on 10 Mar 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £183,000 | 10 Mar 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,085 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 2006 the House Price Index for GREATER MANCHESTER was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £183,000 results in an estimated price of approximately £323,201.
| 10 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 148.6 | 76.613 % | £183,000 | £140,201 | £323,201 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 73.217 % | £133,986 | £316,986 |
| 3 Month Average | 49.234 % | £90,098 | £273,098 |
| 6 Month Average | 58.034 % | £106,201 | £289,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £222,849 | £220,000 | 866 EDENFIELD ROAD |
| 10 Aug 2023 | £146,280 | £145,000 | APARTMENT 7 2 PAPERHOUSE CLOSE |
| 29 Jul 2022 | £149,402 | £149,000 | APARTMENT 3 2 PAPERHOUSE CLOSE |
| 1 Jul 2022 | £200,540 | £200,000 | 12 ROSE AVENUE |
| 1 Jun 2022 | £363,132 | £358,000 | 14 LANCASTER TERRACE |
This house has a floor area of 100 sq meters or 1,085 sq feet when measured on 14 Jun 2011. Using an estimated price of £323,202 means this house is valued at £3,206 per sq meter (£297 per sq foot).
The average size of a house on HUTCHINSON ROAD is 98 sq meters (1,065 sq feet).