£170,382
This estimated value is based upon the latest sale price for the house of £117,500 on 24 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£117,500 | 24 Jul 2015 |
£93,000 | 13 May 2015 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 2015 the House Price Index for GREATER MANCHESTER was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £117,500 results in an estimated price of approximately £170,382.
24 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £117,500 | £52,882 | £170,382 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 81.561 % | £95,834 | £213,334 |
3 Month Average | 52.376 % | £61,541 | £179,041 |
6 Month Average | 35.012 % | £41,138 | £158,638 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £193,490 | £190,000 | 15 HARTFORD AVENUE |
4 Aug 2023 | £144,608 | £142,000 | 16 DERBY STREET |
15 Nov 2022 | £246,846 | £248,000 | 38 CHERWELL AVENUE |
26 May 2022 | £174,496 | £169,950 | 1B DUKE STREET |
22 Oct 2021 | £152,710 | £137,000 | 31 DERBY STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 Sep 2014. Using an estimated price of £170,382 means this house is valued at £2,704 per sq meter (£251 per sq foot).
The average size of a house on HARTFORD AVENUE is 74 sq meters (801 sq feet).