£172,888
This estimated value is based upon the latest sale price for the house of £124,000 on 7 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £124,000 | 7 Dec 2015 |
| Terraced |
| Leasehold |
| Floor Area: 126 sq meters or 1,356 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 December 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £124,000 results in an estimated price of approximately £172,888.
| 7 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £124,000 | £48,888 | £172,888 |
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 | 60.871 % | £75,480 | £199,480 |
| 3 Month Average | 100.506 % | £124,627 | £248,627 |
| 6 Month Average | 72.497 % | £89,895 | £213,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 May 2022 | £61,605 | £60,000 | 35 BURLINGTON AVENUE |
| 28 Feb 2022 | £190,162 | £180,000 | 165 CHAMBER ROAD |
| 25 Feb 2022 | £229,251 | £217,000 | 185 WINDSOR ROAD |
| 6 Dec 2021 | £148,944 | £138,000 | 229 WINDSOR ROAD |
| 2 Aug 2019 | £127,686 | £103,000 | 29 GAINSBOROUGH AVENUE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 25 Jan 2014. Using an estimated price of £172,888 means this house is valued at £1,372 per sq meter (£127 per sq foot).
The average size of a house on WINDSOR ROAD is 192 sq meters (2,071 sq feet).