£225,112
This estimated value is based upon the latest sale price for the house of £220,000 on 25 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £220,000 | 25 Oct 2023 |
| £157,500 | 22 Nov 2017 |
| Terraced |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 October 2023 the House Price Index for GREATER MANCHESTER was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £220,000 results in an estimated price of approximately £225,112.
| 25 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £220,000 | £5,112 | £225,112 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 34.959 % | £76,910 | £296,910 |
| 3 Month Average | -4.892 % | £-10,762 | £209,237 |
| 6 Month Average | 0.374 % | £823 | £220,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £233,589 | £230,000 | 12 CHARLTON ROAD |
| 8 Dec 2023 | £319,828 | £310,000 | 33 BARLOW ROAD |
| 25 Oct 2023 | £225,113 | £220,000 | 3 CLEVELAND AVENUE |
| 2 Jun 2023 | £195,416 | £191,500 | 7 EMLEY STREET |
| 12 Apr 2023 | £203,812 | £200,000 | 59 BARLOW ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 29 Jun 2017. Using an estimated price of £225,113 means this house is valued at £2,273 per sq meter (£211 per sq foot).
The average size of a house on CLEVELAND AVENUE is 77 sq meters (833 sq feet).
This house is the largest in the street with a floor area of 99 sq meters (1,065 sq feet).