£110,516
This estimated value is based upon the latest sale price for the house of £110,000 on 11 Aug 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £110,000 | 11 Aug 2022 |
| £60,000 | 13 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2022 the House Price Index for GREATER MANCHESTER was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £110,000 results in an estimated price of approximately £110,516.
| 11 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £110,000 | £516 | £110,516 |
The Postcode Pricing Model uses changes in average sales price within the OL4 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 | -3.398 % | £-3,738 | £106,261 |
| 3 Month Average | -1.360 % | £-1,496 | £108,503 |
| 6 Month Average | 2.335 % | £2,568 | £112,568 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £126,095 | £125,000 | 60 WILDMOOR AVENUE |
| 17 Nov 2023 | £96,613 | £94,161 | 69 BROWN EDGE ROAD |
| 8 Sep 2023 | £145,201 | £142,000 | 29 FAIRWAY ROAD |
| 23 Aug 2023 | £112,020 | £110,000 | 29 CARNATION ROAD |
| 6 Jun 2023 | £97,453 | £95,500 | 34 LYCHGATE COURT |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 29 Apr 2018. Using an estimated price of £110,517 means this house is valued at £1,578 per sq meter (£146 per sq foot).
The average size of a house on FAIRWAY ROAD is 90 sq meters (978 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).