£283,247
This estimated value is based upon the latest sale price for the house of £218,500 on 26 May 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £218,500 | 26 May 2017 |
| £178,000 | 7 Aug 2015 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 May 2017 the House Price Index for GREATER MANCHESTER was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £218,500 results in an estimated price of approximately £283,247.
| 26 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £218,500 | £64,747 | £283,247 |
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 | 66.447 % | £145,187 | £363,687 |
| 3 Month Average | 12.677 % | £27,698 | £246,198 |
| 6 Month Average | 32.816 % | £71,703 | £290,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £213,277 | £210,000 | 6 CONISTON GROVE |
| 8 Dec 2023 | £536,485 | £520,000 | 1 NEWHOUSE ROAD |
| 17 Nov 2023 | £353,986 | £345,000 | 5 SUNNINGDALE DRIVE |
| 17 Nov 2023 | £451,460 | £440,000 | 9 WENTWORTH AVENUE |
| 10 Nov 2023 | £389,897 | £380,000 | 15 NEWHOUSE ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 9 Jan 2015. Using an estimated price of £283,248 means this house is valued at £3,013 per sq meter (£279 per sq foot).
The average size of a house on GLENEAGLES AVENUE is 166 sq meters (1,787 sq feet).