£118,414
This estimated value is based upon the latest sale price for the house of £80,000 on 24 Apr 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £80,000 | 24 Apr 2015 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 April 2015 the House Price Index for GREATER MANCHESTER was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £80,000 results in an estimated price of approximately £118,414.
| 24 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £80,000 | £38,414 | £118,414 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 135.691 % | £108,552 | £188,552 |
| 3 Month Average | 128.176 % | £102,541 | £182,541 |
| 6 Month Average | 104.053 % | £83,242 | £163,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2024 | £235,000 | £235,000 | 14 ROSENEATH AVENUE |
| 10 Nov 2023 | £249,329 | £243,000 | 1 DORSET ROAD |
| 31 Oct 2023 | £138,137 | £135,000 | 26 THORNCLIFFE GROVE |
| 6 Apr 2023 | £226,741 | £222,500 | 2A DORSET ROAD |
| 20 Mar 2023 | £226,787 | £223,000 | 13 ROSENEATH AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 13 Nov 2014. Using an estimated price of £118,414 means this house is valued at £1,498 per sq meter (£139 per sq foot).
The average size of a house on ROSENEATH AVENUE is 87 sq meters (941 sq feet).