£315,861
This estimated value is based upon the latest sale price for the house of £56,500 on 30 Aug 1996. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £56,500 | 30 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 942 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 August 1996 the House Price Index for GREATER MANCHESTER was 26.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 459.047%.Applying this 459.047% change to the original purchase price of £56,500 results in an estimated price of approximately £315,861.
| 30 Aug 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 149.7 | 459.047 % | £56,500 | £259,361 | £315,861 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 409.415 % | £231,319 | £287,819 |
| 3 Month Average | 332.864 % | £188,068 | £244,568 |
| 6 Month Average | 350.677 % | £198,132 | £254,632 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £315,000 | £315,000 | 15 WINCHESTER AVENUE |
| 6 Sep 2023 | £368,115 | £360,000 | 94 NEWHOUSE ROAD |
| 25 Aug 2023 | £300,418 | £295,000 | 39 NEWHOUSE ROAD |
| 31 Mar 2023 | £269,501 | £265,000 | 18 SHAFTESBURY DRIVE |
| 10 Feb 2023 | £382,555 | £380,000 | 41 NEWBURY GROVE |
This house has a floor area of 87 sq meters or 942 sq feet when measured on 28 Jun 2010. Using an estimated price of £315,861 means this house is valued at £3,606 per sq meter (£335 per sq foot).
The average size of a house on DORCHESTER GROVE is 98 sq meters (1,063 sq feet).