£212,456
This estimated value is based upon the latest sale price for the house of £195,000 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £195,000 | 26 Nov 2021 |
| £100,000 | 25 Jun 2012 |
| £97,500 | 29 Jan 2010 |
| Terraced |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 2021 the House Price Index for GREATER MANCHESTER was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £195,000 results in an estimated price of approximately £212,456.
| 26 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £195,000 | £17,456 | £212,456 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 22.931 % | £44,716 | £239,716 |
| 3 Month Average | 57.304 % | £111,742 | £306,742 |
| 6 Month Average | 37.653 % | £73,423 | £268,423 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £137,107 | £135,000 | FLAT 7 12 WARDEN STREET |
| 1 Mar 2024 | £172,653 | £170,000 | 18 FALLS GREEN AVENUE |
| 23 Jan 2023 | £115,308 | £115,000 | 10 CEYLON STREET |
| 10 Mar 2022 | £158,156 | £151,500 | 33 FALLS GREEN AVENUE |
| 10 Mar 2022 | £158,156 | £151,500 | 23 FALLS GREEN AVENUE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 21 Jun 2012. Using an estimated price of £212,456 means this house is valued at £1,896 per sq meter (£176 per sq foot).
The average size of a house on FALLS GREEN AVENUE is 78 sq meters (848 sq feet).