£120,794
This estimated value is based upon the latest sale price for the house of £100,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £100,000 | 28 Aug 2020 |
| £21,000 | 25 Apr 2003 |
| £12,000 | 5 Jan 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 August 2020 the House Price Index for GREATER MANCHESTER was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £100,000 results in an estimated price of approximately £120,794.
| 28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £100,000 | £20,794 | £120,794 |
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 | 6.031 % | £6,030 | £106,030 |
| 3 Month Average | 55.165 % | £55,165 | £155,165 |
| 6 Month Average | 49.616 % | £49,616 | £149,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £238,667 | £235,000 | 89 LIMESIDE ROAD |
| 18 Dec 2023 | £1,032 | £1,000 | 159 LIMESIDE ROAD |
| 31 Aug 2023 | £132,897 | £130,500 | 25 RANDOLPH STREET |
| 9 Jun 2023 | £117,352 | £115,000 | 4 CUMMINGS STREET |
| 27 Feb 2023 | £81,545 | £81,000 | 9 CUMMINGS STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 19 Jul 2019. Using an estimated price of £120,794 means this house is valued at £1,776 per sq meter (£165 per sq foot).
The average size of a house on SIXTH AVENUE is 105 sq meters (1,130 sq feet).