£96,871
This estimated value is based upon the latest sale price for the house of £72,000 on 6 Jun 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £72,000 | 6 Jun 2016 |
| £85,500 | 20 Mar 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 June 2016 the House Price Index for GREATER MANCHESTER was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £72,000 results in an estimated price of approximately £96,871.
| 6 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £72,000 | £24,871 | £96,871 |
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 | 43.191 % | £31,097 | £103,097 |
| 3 Month Average | 50.627 % | £36,451 | £108,451 |
| 6 Month Average | 45.771 % | £32,955 | £104,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £170,231 | £165,000 | 39 WESTON AVENUE |
| 13 Oct 2023 | £169,858 | £166,000 | 17 SEDGLEY AVENUE |
| 13 Oct 2023 | £195,439 | £191,000 | 42 SEDGLEY AVENUE |
| 12 Oct 2023 | £171,393 | £167,500 | 11 STIUPS LANE |
| 21 Sep 2023 | £117,592 | £115,000 | 68 BUERSIL AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 23 Oct 2013. Using an estimated price of £96,871 means this house is valued at £1,445 per sq meter (£134 per sq foot).
The average size of a house on BUERSIL AVENUE is 92 sq meters (992 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).