£213,097
This estimated value is based upon the latest sale price for the house of £125,000 on 30 Nov 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £125,000 | 30 Nov 2012 |
| £66,950 | 9 Jun 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 125 sq meters or 1,350 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 2012 the House Price Index for GREATER MANCHESTER was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £125,000 results in an estimated price of approximately £213,097.
| 30 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £125,000 | £88,097 | £213,097 |
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 | 71.510 % | £89,387 | £214,387 |
| 3 Month Average | 63.291 % | £79,113 | £204,113 |
| 6 Month Average | 66.060 % | £82,574 | £207,574 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jul 2022 | £191,873 | £189,950 | 271 CHAMBER ROAD |
| 21 Feb 2022 | £84,517 | £80,000 | 7 CHAMBER HALL CLOSE |
| 23 Sep 2021 | £206,258 | £190,000 | 1 ESKDALE AVENUE |
| 4 Dec 2020 | £115,621 | £100,000 | 229 CHAMBER ROAD |
| 20 Aug 2020 | £285,074 | £236,000 | 22 SELKIRK AVENUE |
This house has a floor area of 125 sq meters or 1,350 sq feet when measured on 6 May 2011. Using an estimated price of £213,098 means this house is valued at £1,697 per sq meter (£157 per sq foot).
The average size of a house on GRANGE AVENUE is 157 sq meters (1,694 sq feet).