£154,845
This estimated value is based upon the latest sale price for the house of £100,000 on 16 Jun 2014. 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 | 16 Jun 2014 |
| Semi-Detached |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 June 2014 the House Price Index for GREATER MANCHESTER was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £100,000 results in an estimated price of approximately £154,845.
| 16 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £100,000 | £54,845 | £154,845 |
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 | 49.155 % | £49,154 | £149,154 |
| 3 Month Average | 70.800 % | £70,800 | £170,800 |
| 6 Month Average | 70.951 % | £70,951 | £170,951 |
| 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 96 sq meters or 1,033 sq feet when measured on 18 Jun 2016. Using an estimated price of £154,845 means this house is valued at £1,612 per sq meter (£149 per sq foot).
The average size of a house on GRANGE AVENUE is 157 sq meters (1,694 sq feet).