£155,844
This estimated value is based upon the latest sale price for the house of £90,000 on 27 Jan 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £90,000 | 27 Jan 2012 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 772 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 January 2012 the House Price Index for GREATER MANCHESTER was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £90,000 results in an estimated price of approximately £155,844.
| 27 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £90,000 | £65,844 | £155,844 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 149.484 % | £134,535 | £224,535 |
| 3 Month Average | 93.294 % | £83,965 | £173,965 |
| 6 Month Average | 78.707 % | £70,836 | £160,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £102,605 | £100,000 | 26 CONISTON GROVE |
| 29 Mar 2023 | £177,972 | £175,000 | 18 GLENTHORNE DRIVE |
| 17 Feb 2023 | £201,345 | £200,000 | 16 GLENTHORNE DRIVE |
| 27 Jan 2023 | £316,847 | £316,000 | 31 TAUNTON AVENUE |
| 19 Jan 2023 | £300,804 | £300,000 | 6 TAUNTON AVENUE |
This house has a floor area of 71 sq meters or 772 sq feet when measured on 14 Apr 2011. Using an estimated price of £155,844 means this house is valued at £2,171 per sq meter (£201 per sq foot).
The average size of a house on GLENTHORNE DRIVE is 87 sq meters (942 sq feet).