£300,640
This estimated value is based upon the latest sale price for the house of £82,000 on 3 Nov 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £82,000 | 3 Nov 2000 |
| £85,000 | 11 Dec 1998 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 November 2000 the House Price Index for GREATER MANCHESTER was 40.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 266.635%.Applying this 266.635% change to the original purchase price of £82,000 results in an estimated price of approximately £300,640.
| 3 Nov 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 149.7 | 266.635 % | £82,000 | £218,640 | £300,640 |
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 | 311.429 % | £255,371 | £337,371 |
| 3 Month Average | 247.505 % | £202,953 | £284,953 |
| 6 Month Average | 265.701 % | £217,874 | £299,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £353,986 | £345,000 | 5 SUNNINGDALE DRIVE |
| 6 Oct 2023 | £385,761 | £377,000 | 1 BIRKDALE CLOSE |
| 6 Sep 2023 | £368,115 | £360,000 | 94 NEWHOUSE ROAD |
| 25 Aug 2023 | £300,418 | £295,000 | 39 NEWHOUSE ROAD |
| 27 Jun 2023 | £306,135 | £300,000 | 7 ST ANDREWS DRIVE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 1 Nov 2014. Using an estimated price of £300,640 means this house is valued at £2,424 per sq meter (£225 per sq foot).
The average size of a house on NEWHOUSE ROAD is 100 sq meters (1,078 sq feet).