£77,158
This estimated value is based upon the latest sale price for the house of £62,000 on 14 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £62,000 | 14 Jan 2019 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 January 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £62,000 results in an estimated price of approximately £77,158.
| 14 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £62,000 | £15,158 | £77,158 |
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 | 51.724 % | £32,068 | £94,068 |
| 3 Month Average | 46.970 % | £29,121 | £91,121 |
| 6 Month Average | 43.186 % | £26,775 | £88,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £175,877 | £172,000 | 5 HARROW AVENUE |
| 27 Mar 2023 | £142,378 | £140,000 | 28 HARROW AVENUE |
| 3 Oct 2022 | £99,667 | £100,000 | 30 ETON AVENUE |
| 15 Jul 2022 | £157,579 | £156,000 | 26 ETON AVENUE |
| 13 Jun 2022 | £132,840 | £130,000 | 284 HOLLINS ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 31 Mar 2017. Using an estimated price of £77,159 means this house is valued at £1,244 per sq meter (£115 per sq foot).
The average size of a house on HOLLINS ROAD is 79 sq meters (857 sq feet).