£198,523
This estimated value is based upon the latest sale price for the house of £120,000 on 19 Jan 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 19 Jan 2007 |
| Terraced |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 January 2007 the House Price Index for GREATER MANCHESTER was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £120,000 results in an estimated price of approximately £198,523.
| 19 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 149.7 | 65.436 % | £120,000 | £78,523 | £198,523 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 46.039 % | £55,246 | £175,246 |
| 3 Month Average | 42.064 % | £50,477 | £170,477 |
| 6 Month Average | 48.146 % | £57,775 | £177,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2022 | £99,667 | £100,000 | 30 ETON AVENUE |
| 15 Jul 2022 | £157,579 | £156,000 | 26 ETON AVENUE |
| 4 Nov 2021 | £837 | £768 | 1 ETON AVENUE |
| 27 Sep 2021 | £179,119 | £165,000 | 44 ETON AVENUE |
| 19 Jul 2021 | £162,088 | £140,000 | 12 MILLER ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 13 Nov 2015. Using an estimated price of £198,524 means this house is valued at £2,450 per sq meter (£227 per sq foot).
The average size of a house on ORIEL AVENUE is 94 sq meters (1,014 sq feet).