£123,234
This estimated value is based upon the latest sale price for the house of £98,000 on 9 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £98,000 | 9 Apr 2018 |
| £71,000 | 8 Oct 2010 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 741 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 April 2018 the House Price Index for GREATER MANCHESTER was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £98,000 results in an estimated price of approximately £123,234.
| 9 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £98,000 | £25,234 | £123,234 |
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 | 51.232 % | £50,207 | £148,207 |
| 3 Month Average | 45.027 % | £44,126 | £142,126 |
| 6 Month Average | 39.527 % | £38,736 | £136,736 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £163,000 | £163,000 | 1 CUMBERLAND GROVE |
| 13 Oct 2023 | £239,438 | £234,000 | 10 FARNSWORTH CLOSE |
| 15 Aug 2023 | £190,435 | £187,000 | 11 CUMBERLAND GROVE |
| 22 Jun 2023 | £132,658 | £130,000 | 91 CRANBOURNE ROAD |
| 5 Jul 2022 | £192,933 | £191,000 | 97 CRANBOURNE ROAD |
This house has a floor area of 68 sq meters or 741 sq feet when measured on 21 Jul 2010. Using an estimated price of £123,234 means this house is valued at £1,788 per sq meter (£166 per sq foot).
The average size of a house on LORDSFIELD AVENUE is 87 sq meters (944 sq feet).