£215,226
This estimated value is based upon the latest sale price for the house of £125,000 on 16 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£125,000 | 16 Mar 2012 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 699 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 March 2012 the House Price Index for GREATER MANCHESTER was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £125,000 results in an estimated price of approximately £215,226.
16 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 149.7 | 72.182 % | £125,000 | £90,226 | £215,226 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 118.967 % | £148,708 | £273,708 |
3 Month Average | 108.362 % | £135,451 | £260,451 |
6 Month Average | 81.630 % | £102,037 | £227,037 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £239,438 | £234,000 | 10 FARNSWORTH CLOSE |
30 Aug 2023 | £167,012 | £164,000 | 15 WESTMORLAND AVENUE |
22 Jun 2023 | £132,658 | £130,000 | 91 CRANBOURNE ROAD |
5 Jul 2022 | £192,933 | £191,000 | 97 CRANBOURNE ROAD |
28 Jan 2022 | £164,331 | £155,000 | 79 CRANBOURNE ROAD |
This house has a floor area of 64 sq meters or 699 sq feet when measured on 11 Feb 2011. Using an estimated price of £215,227 means this house is valued at £3,313 per sq meter (£307 per sq foot).
The average size of a house on LORDSFIELD AVENUE is 87 sq meters (944 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tensing Avenue |