£312,147
This estimated value is based upon the latest sale price for the house of £182,500 on 26 Oct 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £182,500 | 26 Oct 2012 |
| £197,500 | 13 Jul 2006 |
| £120,000 | 3 Jul 2002 |
| £95,000 | 31 May 2001 |
| £70,000 | 31 Oct 1996 |
| Detached |
| Leasehold |
| Floor Area: 116 sq meters or 1,248 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 October 2012 the House Price Index for GREATER MANCHESTER was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £182,500 results in an estimated price of approximately £312,147.
| 26 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £182,500 | £129,647 | £312,147 |
The Postcode Pricing Model uses changes in average sales price within the OL12 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 | 135.037 % | £246,443 | £428,943 |
| 3 Month Average | 70.793 % | £129,196 | £311,696 |
| 6 Month Average | 66.398 % | £121,176 | £303,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2024 | £192,500 | £192,500 | 9 PITSHOUSE LANE |
| 9 May 2024 | £635,000 | £635,000 | 26 FALCON CLOSE |
| 20 Dec 2023 | £330,145 | £320,000 | 81 WOODHOUSE LANE |
| 18 Dec 2023 | £159,914 | £155,000 | 852 EDENFIELD ROAD |
| 24 Nov 2023 | £482,241 | £470,000 | 11 PITSHOUSE LANE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 10 Apr 2012. Using an estimated price of £312,147 means this house is valued at £2,690 per sq meter (£249 per sq foot).
The average size of a house on HIBSON AVENUE is 114 sq meters (1,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Inglefield |