£75,322
This estimated value is based upon the latest sale price for the house of £45,000 on 22 Mar 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £45,000 | 22 Mar 2013 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 836 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 March 2013 the House Price Index for GREATER MANCHESTER was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £45,000 results in an estimated price of approximately £75,322.
| 22 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £45,000 | £30,322 | £75,322 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | -28.819 % | £-12,968 | £32,031 |
| 3 Month Average | 77.370 % | £34,816 | £79,816 |
| 6 Month Average | 55.798 % | £25,109 | £70,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £1,018 | £1,000 | 159 LIMESIDE ROAD |
| 31 Aug 2023 | £131,652 | £130,500 | 25 RANDOLPH STREET |
| 16 Jun 2023 | £354,292 | £350,000 | 4 TIBER AVENUE |
| 9 Jun 2023 | £116,410 | £115,000 | 4 CUMMINGS STREET |
| 27 Feb 2023 | £80,946 | £81,000 | 9 CUMMINGS STREET |
This house has a floor area of 77 sq meters or 836 sq feet when measured on 17 Feb 2011. Using an estimated price of £75,323 means this house is valued at £969 per sq meter (£90 per sq foot).
The average size of a house on FOURTH AVENUE is 97 sq meters (1,052 sq feet).