£772,470
This estimated value is based upon the latest sale price for the house of £249,000 on 22 Feb 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £249,000 | 22 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 February 2002 the House Price Index for GREATER MANCHESTER was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £249,000 results in an estimated price of approximately £772,470.
| 22 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 149.7 | 210.229 % | £249,000 | £523,470 | £772,470 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 326.080 % | £811,940 | £1,060,940 |
| 3 Month Average | 241.696 % | £601,823 | £850,823 |
| 6 Month Average | 187.995 % | £468,108 | £717,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £621,627 | £610,000 | 2 BORROWDALE CRESCENT |
| 14 Apr 2023 | £689,904 | £677,000 | 10 OAKER AVENUE |
| 13 Oct 2021 | £674,375 | £605,000 | 3 RICHMOND GARDENS, 16 DARLEY AVENUE |
| 3 Aug 2021 | £376,498 | £335,000 | 34 ASHWOOD AVENUE |
| 11 Dec 2020 | £924,967 | £800,000 | 32 OAKER AVENUE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 30 Dec 2021. Using an estimated price of £772,470 means this house is valued at £5,517 per sq meter (£512 per sq foot).
The average size of a house on OAKER AVENUE is 289 sq meters (3,120 sq feet).
This house is the smallest in the street with a floor area of 140 sq meters (1,506 sq feet).