£95,529
This estimated value is based upon the latest sale price for the house of £85,000 on 24 Aug 2021. 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 | 24 Aug 2021 |
| £81,000 | 26 Jan 2018 |
| £26,400 | 27 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2021 the House Price Index for GREATER MANCHESTER was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £85,000 results in an estimated price of approximately £95,529.
| 24 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £85,000 | £10,529 | £95,529 |
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 | -0.108 % | £-92 | £84,907 |
| 3 Month Average | 25.173 % | £21,396 | £106,396 |
| 6 Month Average | 21.104 % | £17,938 | £102,938 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £176,480 | £172,000 | 138 FIR TREE AVENUE |
| 1 Aug 2023 | £137,480 | £135,000 | 57 KESWICK AVENUE |
| 6 Apr 2023 | £162,031 | £159,000 | 84 FIR TREE AVENUE |
| 22 Mar 2023 | £86,444 | £85,000 | 26 ST MARTINS ROAD |
| 31 Jan 2023 | £130,348 | £130,000 | 9 BANKFIELD DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 29 Oct 2017. Using an estimated price of £95,529 means this house is valued at £936 per sq meter (£87 per sq foot).
The average size of a house on SOUTH CROFT is 103 sq meters (1,115 sq feet).
This house is the largest in the street with a floor area of 102 sq meters (1,097 sq feet).