£100,853
This estimated value is based upon the latest sale price for the house of £80,000 on 17 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£80,000 | 17 Nov 2017 |
£144,500 | 9 Sep 2005 |
£107,000 | 5 Dec 2003 |
£67,000 | 16 Mar 2001 |
£57,500 | 17 May 1996 |
Terraced |
Leasehold |
Floor Area: 96 sq meters or 1,033 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 2017 the House Price Index for GREATER MANCHESTER was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £80,000 results in an estimated price of approximately £100,853.
17 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £80,000 | £20,853 | £100,853 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 26.388 % | £21,110 | £101,110 |
3 Month Average | 19.591 % | £15,673 | £95,673 |
6 Month Average | 28.907 % | £23,125 | £103,125 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £167,938 | £165,000 | 39 WESTON AVENUE |
1 Sep 2023 | £121,554 | £120,000 | 45 BROAD LANE |
21 Jul 2023 | £162,183 | £160,000 | 9 STIUPS LANE |
7 Jun 2023 | £218,649 | £216,000 | 38 BUERSIL AVENUE |
30 Sep 2022 | £140,862 | £142,000 | 7 WELBECK ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 6 Oct 2017. Using an estimated price of £100,854 means this house is valued at £1,050 per sq meter (£97 per sq foot).
The average size of a house on BROAD LANE is 98 sq meters (1,060 sq feet).