£147,614
This estimated value is based upon the latest sale price for the house of £114,000 on 27 Feb 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £114,000 | 27 Feb 2017 |
| £122,000 | 15 May 2008 |
| Terraced |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 February 2017 the House Price Index for GREATER MANCHESTER was 114.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 29.486%.Applying this 29.486% change to the original purchase price of £114,000 results in an estimated price of approximately £147,614.
| 27 Feb 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.0 | 29.486 % | £114,000 | £33,614 | £147,614 |
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 | -32.912 % | £-37,519 | £76,480 |
| 3 Month Average | 45.820 % | £52,235 | £166,235 |
| 6 Month Average | 32.605 % | £37,170 | £151,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £171,141 | £170,100 | 37 WERNETH CRESCENT |
| 11 Aug 2023 | £138,844 | £138,000 | 24 WERNETH CRESCENT |
| 3 Apr 2023 | £322,396 | £320,000 | 10 ANSELMS COURT |
| 31 Mar 2023 | £170,924 | £170,000 | 53 LACROSSE AVENUE |
| 4 Jan 2023 | £133,825 | £135,000 | 52 WERNETH CRESCENT |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 3 Jan 2017. Using an estimated price of £147,614 means this house is valued at £1,553 per sq meter (£144 per sq foot).
The average size of a house on LACROSSE AVENUE is 99 sq meters (1,073 sq feet).