£94,870
This estimated value is based upon the latest sale price for the house of £65,000 on 29 May 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £65,000 | 29 May 2015 |
| £65,000 | 10 Sep 2009 |
| Freehold |
| Floor Area: 102 sq meters or 1,101 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 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £65,000 results in an estimated price of approximately £94,870.
| 29 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £65,000 | £29,870 | £94,870 |
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 | 42.017 % | £27,311 | £92,311 |
| 3 Month Average | 47.854 % | £31,105 | £96,105 |
| 6 Month Average | 39.053 % | £25,384 | £90,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £167,938 | £165,000 | 39 WESTON AVENUE |
| 21 Sep 2023 | £116,489 | £115,000 | 68 BUERSIL AVENUE |
| 21 Jul 2023 | £162,183 | £160,000 | 9 STIUPS LANE |
| 21 Jul 2023 | £203,539 | £200,800 | 52 SEDGLEY AVENUE |
| 7 Jun 2023 | £218,649 | £216,000 | 38 BUERSIL AVENUE |
This house has a floor area of 102 sq meters or 1,101 sq feet when measured on 6 Aug 2009. Using an estimated price of £94,870 means this house is valued at £927 per sq meter (£86 per sq foot).
The average size of a house on BUERSIL AVENUE is 92 sq meters (992 sq feet).