£153,753
This estimated value is based upon the latest sale price for the house of £45,000 on 8 Jun 2001. 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 | 8 Jun 2001 |
| £35,000 | 14 Sep 1999 |
| £35,000 | 27 Jun 1997 |
| Terraced |
| Leasehold |
| Floor Area: 132 sq meters or 1,420 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 2001 the House Price Index for GREATER MANCHESTER was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £45,000 results in an estimated price of approximately £153,753.
| 8 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 149.7 | 241.675 % | £45,000 | £108,753 | £153,753 |
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 | 262.968 % | £118,335 | £163,335 |
| 3 Month Average | 280.849 % | £126,381 | £171,381 |
| 6 Month Average | 325.796 % | £146,608 | £191,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £230,000 | £230,000 | 5 ANSELMS COURT |
| 12 Oct 2023 | £135,068 | £132,000 | 44 LACROSSE AVENUE |
| 3 Apr 2023 | £326,099 | £320,000 | 10 ANSELMS COURT |
| 31 Mar 2023 | £172,887 | £170,000 | 53 LACROSSE AVENUE |
| 25 Mar 2022 | £90,822 | £87,000 | 23 GRANGE COURT |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 1 Feb 2014. Using an estimated price of £153,754 means this house is valued at £1,164 per sq meter (£108 per sq foot).
The average size of a house on GRANGE AVENUE is 157 sq meters (1,694 sq feet).