£115,555
This estimated value is based upon the latest sale price for the house of £114,000 on 19 Jul 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £114,000 | 19 Jul 2023 |
| £131,950 | 29 Jan 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2023 the House Price Index for GREATER MANCHESTER was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £114,000 results in an estimated price of approximately £115,555.
| 19 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £114,000 | £1,555 | £115,555 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 16.747 % | £19,091 | £133,091 |
| 3 Month Average | 14.012 % | £15,973 | £129,973 |
| 6 Month Average | -4.678 % | £-5,333 | £108,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £81,091 | £80,000 | 85 RAWSTHORNE AVENUE |
| 19 Jul 2023 | £115,555 | £114,000 | 137 RAWSTHORNE AVENUE |
| 23 Jun 2023 | £75,920 | £75,000 | 153 RAWSTHORNE AVENUE |
| 15 Jun 2023 | £115,398 | £114,000 | 135 RAWSTHORNE AVENUE |
| 24 Apr 2023 | £151,633 | £150,000 | 107 RAWSTHORNE AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 4 Apr 2019. Using an estimated price of £115,555 means this house is valued at £2,101 per sq meter (£195 per sq foot).
The average size of a house on RAWSTHORNE AVENUE is 72 sq meters (782 sq feet).