£195,726
This estimated value is based upon the latest sale price for the house of £157,500 on 6 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £157,500 | 6 Dec 2018 |
| Terraced |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 December 2018 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £157,500 results in an estimated price of approximately £195,726.
| 6 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £157,500 | £38,226 | £195,726 |
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 | 65.025 % | £102,414 | £259,914 |
| 3 Month Average | 27.440 % | £43,218 | £200,718 |
| 6 Month Average | 38.275 % | £60,283 | £217,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £172,653 | £170,000 | 56 LYNDHURST ROAD |
| 24 Nov 2023 | £230,860 | £225,000 | 76 MERTON AVENUE |
| 3 Mar 2023 | £264,416 | £260,000 | 20 CORONA AVENUE |
| 22 Jul 2022 | £47,476 | £47,000 | 14 LYNDHURST ROAD |
| 17 May 2022 | £217,671 | £212,000 | 106 MERTON AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 20 Aug 2018. Using an estimated price of £195,727 means this house is valued at £2,060 per sq meter (£191 per sq foot).
The average size of a house on REPTON AVENUE is 79 sq meters (850 sq feet).