£121,815
This estimated value is based upon the latest sale price for the house of £100,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £100,000 | 31 Jul 2020 |
| £83,500 | 29 Feb 2008 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 July 2020 the House Price Index for GREATER MANCHESTER was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £100,000 results in an estimated price of approximately £121,815.
| 31 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £100,000 | £21,815 | £121,815 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 3.713 % | £3,713 | £103,713 |
| 3 Month Average | 41.882 % | £41,881 | £141,881 |
| 6 Month Average | 35.764 % | £35,763 | £135,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £143,254 | £140,000 | 14 ETHEL AVENUE |
| 14 Aug 2023 | £132,388 | £130,000 | 18 ETHEL AVENUE |
| 10 Aug 2023 | £112,020 | £110,000 | 17 BEARDWOOD ROAD |
| 7 Mar 2023 | £152,548 | £150,000 | 25 BEARDWOOD ROAD |
| 2 Feb 2023 | £145,975 | £145,000 | 38 CECIL ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 20 May 2020. Using an estimated price of £121,815 means this house is valued at £1,503 per sq meter (£139 per sq foot).
The average size of a house on ETHEL AVENUE is 80 sq meters (862 sq feet).