£154,567
This estimated value is based upon the latest sale price for the house of £124,250 on 12 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £124,250 | 12 Sep 2018 |
| Freehold |
| Floor Area: 71 sq meters or 764 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 September 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £124,250 results in an estimated price of approximately £154,567.
| 12 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £124,250 | £30,317 | £154,567 |
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 | 11.241 % | £13,966 | £138,216 |
| 3 Month Average | 37.093 % | £46,087 | £170,337 |
| 6 Month Average | 43.297 % | £53,796 | £178,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £108,981 | £105,632 | 2 LEIGHTON STREET |
| 27 Oct 2023 | £127,905 | £125,000 | 32 LEIGHTON STREET |
| 27 Oct 2023 | £138,137 | £135,000 | 26 SCARBOROUGH STREET |
| 13 Oct 2023 | £113,580 | £111,000 | 24 SCARBOROUGH STREET |
| 11 Sep 2023 | £198,373 | £194,000 | 2 LISBURN ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 17 Jun 2017. Using an estimated price of £154,568 means this house is valued at £2,177 per sq meter (£202 per sq foot).
The average size of a house on CALEDON AVENUE is 85 sq meters (918 sq feet).