£176,003
This estimated value is based upon the latest sale price for the house of £93,500 on 19 Nov 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£93,500 | 19 Nov 2004 |
£42,950 | 11 Aug 1997 |
£41,000 | 26 Jun 1997 |
Semi-Detached |
Freehold |
Floor Area: 56 sq meters or 602 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 2004 the House Price Index for GREATER MANCHESTER was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £93,500 results in an estimated price of approximately £176,003.
19 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 148.6 | 88.239 % | £93,500 | £82,503 | £176,003 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 113.556 % | £106,174 | £199,674 |
3 Month Average | 103.560 % | £96,828 | £190,328 |
6 Month Average | 105.700 % | £98,829 | £192,329 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jun 2023 | £155,382 | £153,500 | 28 PENRITH AVENUE |
4 Apr 2023 | £171,850 | £170,000 | 18 PATTERDALE AVENUE |
18 Jan 2023 | £190,104 | £191,000 | 17 KESWICK AVENUE |
16 Jan 2023 | £209,015 | £210,000 | 1 TAUNTON GREEN |
8 Aug 2022 | £105,587 | £105,871 | 153 NEWMARKET ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 27 Feb 2020. Using an estimated price of £176,004 means this house is valued at £3,142 per sq meter (£291 per sq foot).
The average size of a house on EARNSHAW CLOSE is 74 sq meters (796 sq feet).