£231,507
This estimated value is based upon the latest sale price for the house of £134,000 on 25 Nov 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £134,000 | 25 Nov 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 53 sq meters or 571 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 2010 the House Price Index for GREATER MANCHESTER was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.767%.Applying this 72.767% change to the original purchase price of £134,000 results in an estimated price of approximately £231,507.
| 25 Nov 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.767 % | £134,000 | £97,507 | £231,507 |
The Postcode Pricing Model uses changes in average sales price within the SK16 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 | 59.612 % | £79,880 | £213,880 |
| 3 Month Average | 80.269 % | £107,561 | £241,561 |
| 6 Month Average | 68.872 % | £92,288 | £226,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £209,318 | £207,500 | 19 HOLLY GROVE |
| 14 Mar 2023 | £193,227 | £190,000 | 56 CUMBERLAND AVENUE |
| 21 Feb 2023 | £201,345 | £200,000 | 22 CUMBERLAND AVENUE |
| 25 May 2022 | £222,086 | £216,300 | 38 WESTMORLAND AVENUE |
| 7 Jan 2022 | £230,063 | £217,000 | 48 WESTMORLAND AVENUE |
This house has a floor area of 53 sq meters or 571 sq feet when measured on 18 May 2010. Using an estimated price of £231,508 means this house is valued at £4,360 per sq meter (£405 per sq foot).
The average size of a house on CUMBERLAND AVENUE is 69 sq meters (752 sq feet).