£156,078
This estimated value is based upon the latest sale price for the house of £85,000 on 31 Jul 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £85,000 | 31 Jul 2009 |
| £61,000 | 17 Jun 2008 |
| £56,000 | 17 Jun 2008 |
| £25,000 | 14 Nov 2002 |
| Semi-Detached |
| Freehold |
| 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 July 2009 the House Price Index for GREATER MANCHESTER was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £85,000 results in an estimated price of approximately £156,078.
| 31 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.622 % | £85,000 | £71,078 | £156,078 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | 150.355 % | £127,801 | £212,801 |
| 3 Month Average | 109.954 % | £93,460 | £178,460 |
| 6 Month Average | 111.571 % | £94,835 | £179,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £208,199 | £205,000 | 1 MINORCA AVENUE |
| 25 Mar 2024 | £96,482 | £95,000 | 2 SUMAC STREET |
| 5 Jun 2023 | £197,967 | £194,000 | 109 SEYMOUR ROAD SOUTH |
| 17 Mar 2023 | £177,972 | £175,000 | 85 SEYMOUR ROAD SOUTH |
| 28 Apr 2022 | £134,865 | £130,000 | 5 SUMAC STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 25 Jan 2016. Using an estimated price of £156,079 means this house is valued at £1,642 per sq meter (£152 per sq foot).
The average size of a house on GLENOLDEN STREET is 84 sq meters (909 sq feet).