£92,303
This estimated value is based upon the latest sale price for the house of £53,000 on 7 Oct 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £53,000 | 7 Oct 2011 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 777 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 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £53,000 results in an estimated price of approximately £92,303.
| 7 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £53,000 | £39,303 | £92,303 |
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 | 112.165 % | £59,447 | £112,447 |
| 3 Month Average | 89.776 % | £47,581 | £100,581 |
| 6 Month Average | 95.221 % | £50,467 | £103,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £196,023 | £190,000 | 183 BRISCOE LANE |
| 6 Oct 2023 | £203,625 | £199,000 | 3 MARGATE AVENUE |
| 26 Jan 2023 | £200,536 | £200,000 | 9 ASCOT ROAD |
| 9 Nov 2022 | £194,092 | £195,000 | 2 LEWISHAM AVENUE |
| 12 Aug 2022 | £253,184 | £252,000 | 2 SURBITON ROAD |
This house has a floor area of 72 sq meters or 777 sq feet when measured on 14 Jul 2011. Using an estimated price of £92,304 means this house is valued at £1,278 per sq meter (£118 per sq foot).
There is one other house on the street which we know the size of, this is 3 ELSTREE AVENUE it is 59.0