£216,522
This estimated value is based upon the latest sale price for the house of £165,000 on 24 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £165,000 | 24 Nov 2016 |
| Semi-Detached |
| Leasehold |
| Floor Area: 136 sq meters or 1,463 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 November 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.226%.Applying this 31.226% change to the original purchase price of £165,000 results in an estimated price of approximately £216,522.
| 24 Nov 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.0 | 31.226 % | £165,000 | £51,522 | £216,522 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | -41.574 % | £-68,597 | £96,402 |
| 3 Month Average | 53.402 % | £88,114 | £253,114 |
| 6 Month Average | 40.254 % | £66,419 | £231,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £117,218 | £115,000 | 11 CLYDESDALE STREET |
| 31 Jul 2023 | £121,146 | £120,000 | 19 LORNE STREET |
| 10 Jul 2023 | £956 | £947 | 152 GAINSBOROUGH AVENUE |
| 31 Mar 2023 | £150,815 | £150,000 | 3 LORNE STREET |
| 18 Jul 2022 | £152,794 | £153,000 | 146 COPSTER HILL ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 13 Jul 2015. Using an estimated price of £216,522 means this house is valued at £1,592 per sq meter (£147 per sq foot).
The average size of a house on GAINSBOROUGH AVENUE is 107 sq meters (1,152 sq feet).