£167,678
This estimated value is based upon the latest sale price for the house of £90,000 on 1 May 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £90,000 | 1 May 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 May 2009 the House Price Index for GREATER MANCHESTER was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £90,000 results in an estimated price of approximately £167,678.
| 1 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £90,000 | £77,678 | £167,678 |
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 | 68.920 % | £62,028 | £152,028 |
| 3 Month Average | 58.686 % | £52,817 | £142,817 |
| 6 Month Average | 51.007 % | £45,906 | £135,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £153,332 | £152,000 | 83 CROXTON AVENUE |
| 22 Jul 2022 | £131,316 | £130,000 | 85 CROXTON AVENUE |
| 31 Mar 2022 | £140,931 | £135,000 | 23 THORNBUSH WAY |
| 21 Dec 2021 | £138,151 | £128,000 | 3 NEW FIELD CLOSE |
| 5 Nov 2021 | £141,638 | £130,000 | 20 ECLIPSE CLOSE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 23 Jan 2016. Using an estimated price of £167,678 means this house is valued at £1,421 per sq meter (£132 per sq foot).
The average size of a house on BURCHALL FIELD is 159 sq meters (1,718 sq feet).