£111,183
This estimated value is based upon the latest sale price for the house of £65,250 on 19 Dec 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £65,250 | 19 Dec 2012 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 December 2012 the House Price Index for GREATER MANCHESTER was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £65,250 results in an estimated price of approximately £111,183.
| 19 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £65,250 | £45,933 | £111,183 |
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 | 67.019 % | £43,730 | £108,980 |
| 3 Month Average | 68.383 % | £44,619 | £109,869 |
| 6 Month Average | 76.068 % | £49,634 | £114,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £213,277 | £210,000 | 4 AMOS AVENUE |
| 17 Nov 2023 | £174,428 | £170,000 | 17 AMOS AVENUE |
| 3 Nov 2023 | £212,391 | £207,000 | 8 FINSBURY AVENUE |
| 29 Sep 2023 | £204,508 | £200,000 | 28 AMOS AVENUE |
| 25 Aug 2023 | £176,178 | £173,000 | 40 AMOS AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 19 Jul 2012. Using an estimated price of £111,183 means this house is valued at £1,389 per sq meter (£129 per sq foot).
The average size of a house on VERONA DRIVE is 114 sq meters (1,227 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).