£261,699
This estimated value is based upon the latest sale price for the house of £261,000 on 20 Jan 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £261,000 | 20 Jan 2023 |
| £115,000 | 30 Apr 2004 |
| £115,000 | 30 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2023 the House Price Index for GREATER MANCHESTER was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £261,000 results in an estimated price of approximately £261,699.
| 20 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £261,000 | £699 | £261,699 |
The Postcode Pricing Model uses changes in average sales price within the OL15 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 | 11.060 % | £28,867 | £289,867 |
| 3 Month Average | 8.922 % | £23,287 | £284,287 |
| 6 Month Average | -6.207 % | £-16,200 | £244,799 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £350,938 | £350,000 | 10 FELLSIDE GARDENS |
| 20 Jan 2023 | £261,699 | £261,000 | 13 RIBBLE AVENUE |
| 25 Aug 2022 | £459,448 | £457,300 | 23 CALF HEY |
| 19 Aug 2022 | £243,137 | £242,000 | 3 SHORE LEA |
| 29 Apr 2022 | £248,981 | £240,000 | 5 HODDER AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 30 Jul 2014. Using an estimated price of £261,699 means this house is valued at £2,875 per sq meter (£267 per sq foot).
The average size of a house on RIBBLE AVENUE is 99 sq meters (1,072 sq feet).