£674,082
This estimated value is based upon the latest sale price for the house of £110,000 on 30 May 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£110,000 | 30 May 2023 |
£94,000 | 9 Nov 2007 |
£64,995 | 16 Aug 2005 |
£34,000 | 21 Jan 2005 |
£12,500 | 24 Feb 1999 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 May 2023 the House Price Index for GREATER MANCHESTER was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £110,000 results in an estimated price of approximately £674,082.
30 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 149.7 | 512.803 % | £110,000 | £564,082 | £674,082 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 3.569 % | £3,925 | £113,925 |
3 Month Average | -7.191 % | £-7,910 | £102,089 |
6 Month Average | -4.822 % | £-5,304 | £104,695 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Apr 2024 | £156,358 | £155,000 | 11 EDALE AVENUE |
15 Aug 2023 | £112,020 | £110,000 | 44 EDALE AVENUE |
29 Jun 2023 | £117,352 | £115,000 | 12 CHINLEY AVENUE |
16 Jun 2022 | £118,534 | £116,000 | APARTMENT 17 KENYON COURT, 141 KENYON LANE |
16 Mar 2022 | £130,492 | £125,000 | 8 REDCOTE STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 1 Sep 2016.
The average size of a house on REDCOTE STREET is 93 sq meters (1,009 sq feet).