£211,917
This estimated value is based upon the latest sale price for the house of £163,000 on 10 Feb 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £163,000 | 10 Feb 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 February 2017 the House Price Index for GREATER MANCHESTER was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £163,000 results in an estimated price of approximately £211,917.
| 10 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £163,000 | £48,917 | £211,917 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 26.561 % | £43,294 | £206,294 |
| 3 Month Average | 40.835 % | £66,561 | £229,561 |
| 6 Month Average | 49.757 % | £81,103 | £244,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £151,653 | £149,000 | 106 BRADSHAW BROW |
| 18 Aug 2023 | £169,987 | £168,500 | 13 GALINDO STREET |
| 14 Aug 2023 | £236,973 | £234,900 | 42 LABURNUM PARK |
| 9 Jun 2023 | £339,108 | £335,000 | 15 OAKS LANE |
| 6 Apr 2023 | £202,177 | £200,000 | 74 BRADSHAW BROW |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 3 Aug 2016. Using an estimated price of £211,918 means this house is valued at £1,909 per sq meter (£177 per sq foot).
The average size of a house on OAKS AVENUE is 110 sq meters (1,186 sq feet).