£300,214
This estimated value is based upon the latest sale price for the house of £260,000 on 27 Nov 2020. 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 |
|---|---|
| £260,000 | 27 Nov 2020 |
| £209,995 | 5 Oct 2016 |
| Detached |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £260,000 results in an estimated price of approximately £300,214.
| 27 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £260,000 | £40,214 | £300,214 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 7.161 % | £18,619 | £278,619 |
| 3 Month Average | 15.137 % | £39,355 | £299,355 |
| 6 Month Average | 19.741 % | £51,325 | £311,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £401,356 | £400,000 | 38 GINNELL FARM AVENUE |
| 18 Dec 2023 | £479,063 | £470,000 | 40 APPLE TREE WAY |
| 8 Dec 2023 | £229,339 | £225,000 | 29 APPLE TREE WAY |
| 3 Nov 2023 | £238,056 | £235,000 | 22 GINNELL FARM AVENUE |
| 31 Mar 2023 | £331,793 | £330,000 | 6 NALL GATE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 27 Jul 2016. Using an estimated price of £300,215 means this house is valued at £3,335 per sq meter (£309 per sq foot).
The average size of a house on GINNELL FARM AVENUE is 96 sq meters (1,037 sq feet).