£108,553
This estimated value is based upon the latest sale price for the house of £21,750 on 3 Oct 1997. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £21,750 | 3 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 1997 the House Price Index for GREATER MANCHESTER was 30.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 399.095%.Applying this 399.095% change to the original purchase price of £21,750 results in an estimated price of approximately £108,553.
| 3 Oct 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 149.7 | 399.095 % | £21,750 | £86,803 | £108,553 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | 363.506 % | £79,062 | £100,812 |
| 3 Month Average | 455.402 % | £99,049 | £120,799 |
| 6 Month Average | 408.406 % | £88,828 | £110,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £161,089 | £157,000 | 18 WESTMINSTER AVENUE |
| 3 Oct 2023 | £225,113 | £220,000 | 72 BROADSTONE ROAD |
| 16 Aug 2023 | £190,384 | £186,950 | 9 SPRINGFIELD AVENUE |
| 30 Jun 2023 | £173,476 | £170,000 | 23 WESTMINSTER AVENUE |
| 30 Jun 2023 | £184,701 | £181,000 | 30 HURST STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 3 Feb 2010. Using an estimated price of £108,553 means this house is valued at £1,447 per sq meter (£134 per sq foot).
The average size of a house on WESTMINSTER AVENUE is 80 sq meters (861 sq feet).