£130,083
This estimated value is based upon the latest sale price for the house of £77,000 on 10 Nov 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£77,000 | 10 Nov 2006 |
£12,000 | 3 Jul 1998 |
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 November 2006 the House Price Index for GREATER MANCHESTER was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £77,000 results in an estimated price of approximately £130,083.
10 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 149.7 | 68.940 % | £77,000 | £53,083 | £130,083 |
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 | 48.609 % | £37,428 | £114,428 |
3 Month Average | 50.133 % | £38,602 | £115,602 |
6 Month Average | 60.755 % | £46,781 | £123,781 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £94,074 | £92,000 | 220 BELGRAVE ROAD |
31 Aug 2023 | £137,480 | £135,000 | 33 KESWICK AVENUE |
1 Nov 2022 | £92,567 | £93,000 | 215 HONEYWELL LANE |
15 Jul 2022 | £133,336 | £132,000 | 129 BELGRAVE ROAD |
8 Jul 2022 | £186,872 | £185,000 | 6 BELGRAVE AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 28 May 2014. Using an estimated price of £130,084 means this house is valued at £1,626 per sq meter (£151 per sq foot).
The average size of a house on BELGRAVE ROAD is 116 sq meters (1,249 sq feet).