£194,835
This estimated value is based upon the latest sale price for the house of £124,999 on 25 Jan 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£124,999 | 25 Jan 2008 |
Terraced |
Leasehold |
Floor Area: 68 sq meters or 731 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 2008 the House Price Index for GREATER MANCHESTER was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £124,999 results in an estimated price of approximately £194,835.
25 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.3 | 148.6 | 55.870 % | £124,999 | £69,836 | £194,835 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 31.891 % | £39,863 | £164,862 |
3 Month Average | 30.666 % | £38,331 | £163,330 |
6 Month Average | 45.165 % | £56,455 | £181,454 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £230,290 | £227,500 | 11 AVON ROAD |
17 Mar 2023 | £292,758 | £290,000 | 20 HILLCREST AVENUE |
20 Jul 2022 | £153,413 | £153,000 | 1 NORFOLK GARDENS |
19 Nov 2021 | £433 | £400 | 38 SUMMIT STREET |
5 Nov 2021 | £232,525 | £215,000 | 28 NORFOLK AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 16 Oct 2015. Using an estimated price of £194,835 means this house is valued at £2,865 per sq meter (£266 per sq foot).
The average size of a house on NORFOLK GARDENS is 80 sq meters (866 sq feet).