£191,945
This estimated value is based upon the latest sale price for the house of £51,500 on 22 Aug 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £51,500 | 22 Aug 2000 |
| Detached |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 August 2000 the House Price Index for GREATER MANCHESTER was 40.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 272.709%.Applying this 272.709% change to the original purchase price of £51,500 results in an estimated price of approximately £191,945.
| 22 Aug 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 149.7 | 272.709 % | £51,500 | £140,445 | £191,945 |
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 | 189.845 % | £97,770 | £149,270 |
| 3 Month Average | 219.755 % | £113,173 | £164,673 |
| 6 Month Average | 221.318 % | £113,978 | £165,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £209,621 | £205,000 | 4 WESTON AVENUE |
| 17 Aug 2023 | £232,188 | £228,000 | 12 BERKELEY DRIVE |
| 7 Jun 2023 | £220,417 | £216,000 | 38 BUERSIL AVENUE |
| 3 Mar 2023 | £228,821 | £225,000 | 20 RYELANDS CLOSE |
| 8 Oct 2021 | £175,560 | £157,500 | 11A WESTON AVENUE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 31 Oct 2014. Using an estimated price of £191,945 means this house is valued at £4,921 per sq meter (£457 per sq foot).
The average size of a house on WESTON AVENUE is 105 sq meters (1,135 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (419 sq feet).