£169,383
This estimated value is based upon the latest sale price for the house of £110,000 on 23 May 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £110,000 | 23 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2014 the House Price Index for GREATER MANCHESTER was 96.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 53.985%.Applying this 53.985% change to the original purchase price of £110,000 results in an estimated price of approximately £169,383.
| 23 May 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.0 | 53.985 % | £110,000 | £59,383 | £169,383 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 83.616 % | £91,977 | £201,977 |
| 3 Month Average | 94.087 % | £103,495 | £213,495 |
| 6 Month Average | 79.255 % | £87,180 | £197,180 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £224,616 | £223,250 | 38 AMBLESIDE AVENUE |
| 6 Jun 2023 | £154,755 | £153,500 | 28 PENRITH AVENUE |
| 4 Apr 2023 | £171,273 | £170,000 | 18 PATTERDALE AVENUE |
| 16 Jan 2023 | £208,171 | £210,000 | 1 TAUNTON GREEN |
| 8 Aug 2022 | £105,160 | £105,871 | 153 NEWMARKET ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 2 Apr 2013. Using an estimated price of £169,383 means this house is valued at £2,065 per sq meter (£191 per sq foot).
The average size of a house on PATTERDALE AVENUE is 92 sq meters (996 sq feet).