£135,915
This estimated value is based upon the latest sale price for the house of £73,500 on 6 Mar 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £73,500 | 6 Mar 2009 |
| £15,500 | 8 May 2001 |
| £18,000 | 29 Sep 1995 |
| Terraced |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 March 2009 the House Price Index for GREATER MANCHESTER was 80.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 84.919%.Applying this 84.919% change to the original purchase price of £73,500 results in an estimated price of approximately £135,915.
| 6 Mar 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.0 | 148.0 | 84.919 % | £73,500 | £62,415 | £135,915 |
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 | 7.029 % | £5,166 | £78,666 |
| 3 Month Average | 31.063 % | £22,831 | £96,331 |
| 6 Month Average | 20.843 % | £15,319 | £88,819 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £132,456 | £129,950 | 11 TANNERS FOLD |
| 9 Nov 2023 | £174,237 | £172,000 | 138 FIR TREE AVENUE |
| 31 Jul 2023 | £166,576 | £165,000 | 2 WOODPARK CLOSE |
| 6 Apr 2023 | £160,191 | £159,000 | 84 FIR TREE AVENUE |
| 18 Nov 2022 | £1,673 | £1,700 | 25 BROAD OAK CRESCENT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 5 Aug 2009. Using an estimated price of £135,915 means this house is valued at £1,618 per sq meter (£150 per sq foot).
The average size of a house on FIR TREE AVENUE is 85 sq meters (921 sq feet).