£176,204
This estimated value is based upon the latest sale price for the house of £138,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£138,000 | 29 Sep 2017 |
£115,000 | 27 Jun 2014 |
£132,500 | 10 Aug 2012 |
£127,000 | 9 Sep 2005 |
£90,000 | 4 Aug 2003 |
Semi-Detached |
Freehold |
Floor Area: 38 sq meters or 413 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 September 2017 the House Price Index for GREATER MANCHESTER was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £138,000 results in an estimated price of approximately £176,204.
29 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £138,000 | £38,204 | £176,204 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 24.951 % | £34,431 | £172,431 |
3 Month Average | 45.946 % | £63,405 | £201,405 |
6 Month Average | 39.936 % | £55,111 | £193,111 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £232,015 | £230,000 | 66 ELMSFIELD AVENUE |
19 Apr 2024 | £269,843 | £267,500 | 115 SHELFIELD LANE |
18 Aug 2023 | £344,208 | £338,000 | 8 HIGHFIELD ROAD |
20 Jan 2022 | £194,546 | £183,500 | 53 BROOKS END |
28 Sep 2021 | £287,676 | £265,000 | 122 ELMSFIELD AVENUE |
This house has a floor area of 38 sq meters or 413 sq feet when measured on 24 Jun 2011. Using an estimated price of £176,205 means this house is valued at £4,582 per sq meter (£425 per sq foot).
The average size of a house on SHELFIELD LANE is 85 sq meters (919 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (413 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Inglefield |