£129,532
This estimated value is based upon the latest sale price for the house of £125,000 on 16 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £125,000 | 16 Mar 2022 |
| £125,000 | 16 Mar 2022 |
| £61,500 | 12 Apr 2011 |
| £54,500 | 6 Aug 2010 |
| £22,500 | 24 Mar 2004 |
| £18,000 | 14 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £125,000 results in an estimated price of approximately £129,532.
| 16 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £125,000 | £4,532 | £129,532 |
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 | 100.457 % | £125,571 | £250,571 |
| 3 Month Average | 31.588 % | £39,484 | £164,484 |
| 6 Month Average | 10.922 % | £13,652 | £138,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £110,971 | £110,000 | 44 EDALE AVENUE |
| 29 Jun 2023 | £116,410 | £115,000 | 12 CHINLEY AVENUE |
| 16 Jun 2022 | £117,663 | £116,000 | APARTMENT 17 KENYON COURT, 141 KENYON LANE |
| 12 May 2022 | £96,824 | £95,000 | 43 BLUESTONE ROAD |
| 16 Mar 2022 | £129,533 | £125,000 | 8 REDCOTE STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 5 May 2020. Using an estimated price of £129,533 means this house is valued at £1,579 per sq meter (£146 per sq foot).
The average size of a house on REDCOTE STREET is 94 sq meters (1,018 sq feet).