£160,285
This estimated value is based upon the latest sale price for the house of £95,000 on 9 Jul 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £95,000 | 9 Jul 2010 |
| Terraced |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 July 2010 the House Price Index for GREATER MANCHESTER was 87.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.721%.Applying this 68.721% change to the original purchase price of £95,000 results in an estimated price of approximately £160,285.
| 9 Jul 2010 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.0 | 68.721 % | £95,000 | £65,285 | £160,285 |
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 | -44.075 % | £-41,871 | £53,128 |
| 3 Month Average | 48.476 % | £46,051 | £141,051 |
| 6 Month Average | 32.792 % | £31,152 | £126,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 May 2022 | £60,905 | £60,000 | 35 BURLINGTON AVENUE |
| 28 Feb 2022 | £188,003 | £180,000 | 165 CHAMBER ROAD |
| 25 Feb 2022 | £226,648 | £217,000 | 185 WINDSOR ROAD |
| 18 Oct 2019 | £146,565 | £120,000 | 196 COPPICE STREET |
| 2 Aug 2019 | £126,236 | £103,000 | 29 GAINSBOROUGH AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 Nov 2013. Using an estimated price of £160,285 means this house is valued at £2,003 per sq meter (£186 per sq foot).
The average size of a house on GAINSBOROUGH AVENUE is 107 sq meters (1,152 sq feet).