£69,358
This estimated value is based upon the latest sale price for the house of £21,500 on 30 Nov 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £21,500 | 30 Nov 2001 |
| £22,000 | 12 Jun 1997 |
| Terraced |
| Leasehold |
| Floor Area: 108 sq meters or 1,162 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 2001 the House Price Index for GREATER MANCHESTER was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £21,500 results in an estimated price of approximately £69,358.
| 30 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £21,500 | £47,858 | £69,358 |
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 | 325.880 % | £70,064 | £91,564 |
| 3 Month Average | 381.306 % | £81,980 | £103,480 |
| 6 Month Average | 338.990 % | £72,882 | £94,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £60,526 | £60,000 | 38 AVON STREET |
| 13 Nov 2023 | £90,292 | £88,000 | 44 RALSTONE AVENUE |
| 7 Sep 2023 | £95,608 | £93,500 | 2A RALSTONE AVENUE |
| 24 Mar 2023 | £101,698 | £100,000 | 73 VILLA ROAD |
| 2 Mar 2023 | £432 | £425 | 40 AVON STREET |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 9 Jan 2014. Using an estimated price of £69,359 means this house is valued at £642 per sq meter (£59 per sq foot).
The average size of a house on RALSTONE AVENUE is 77 sq meters (833 sq feet).