£77,746
This estimated value is based upon the latest sale price for the house of £64,000 on 7 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £64,000 | 7 Jan 2020 |
| £67,000 | 26 May 2006 |
| £35,000 | 3 Dec 2004 |
| Terraced |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 2020 the House Price Index for GREATER MANCHESTER was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £64,000 results in an estimated price of approximately £77,746.
| 7 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £64,000 | £13,746 | £77,746 |
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 | -10.124 % | £-6,479 | £57,520 |
| 3 Month Average | 29.575 % | £18,928 | £82,928 |
| 6 Month Average | 14.446 % | £9,245 | £73,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £135,826 | £135,000 | 33 KESWICK AVENUE |
| 28 Jul 2023 | £126,194 | £125,000 | 3 KESWICK AVENUE |
| 1 Nov 2022 | £91,516 | £93,000 | 215 HONEYWELL LANE |
| 15 Jul 2022 | £131,822 | £132,000 | 129 BELGRAVE ROAD |
| 8 Jul 2022 | £184,750 | £185,000 | 6 BELGRAVE AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 14 Apr 2019. Using an estimated price of £77,747 means this house is valued at £1,050 per sq meter (£97 per sq foot).
The average size of a house on BELGRAVE ROAD is 116 sq meters (1,249 sq feet).