£104,746
This estimated value is based upon the latest sale price for the house of £83,000 on 12 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£83,000 | 12 Oct 2017 |
Semi-Detached |
Leasehold |
Floor Area: 56 sq meters or 602 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 October 2017 the House Price Index for GREATER MANCHESTER was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £83,000 results in an estimated price of approximately £104,746.
12 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £83,000 | £21,746 | £104,746 |
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 | 14.557 % | £12,082 | £95,082 |
3 Month Average | 28.353 % | £23,532 | £106,532 |
6 Month Average | 31.994 % | £26,554 | £109,554 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £83,062 | £82,000 | 136 CROXTON AVENUE |
22 Jul 2022 | £130,351 | £130,000 | 85 CROXTON AVENUE |
12 Jul 2022 | £120,324 | £120,000 | 165 CROXTON AVENUE |
31 Mar 2022 | £139,895 | £135,000 | 23 THORNBUSH WAY |
25 Mar 2022 | £150,258 | £145,000 | 24 WATERSIDE LANE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 1 Mar 2017. Using an estimated price of £104,746 means this house is valued at £1,870 per sq meter (£173 per sq foot).
The average size of a house on WATERSIDE LANE is 82 sq meters (887 sq feet).