£150,659
This estimated value is based upon the latest sale price for the house of £26,500 on 4 Mar 1996. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £26,500 | 4 Mar 1996 |
| £12,000 | 31 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,036 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 1996 the House Price Index for GREATER MANCHESTER was 26.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 468.526%.Applying this 468.526% change to the original purchase price of £26,500 results in an estimated price of approximately £150,659.
| 4 Mar 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 149.7 | 468.526 % | £26,500 | £124,159 | £150,659 |
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 | 1275.059 % | £337,890 | £364,390 |
| 3 Month Average | 1055.891 % | £279,811 | £306,311 |
| 6 Month Average | 934.810 % | £247,724 | £274,224 |
| 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 96 sq meters or 1,036 sq feet when measured on 1 May 2009. Using an estimated price of £150,659 means this house is valued at £1,564 per sq meter (£145 per sq foot).
The average size of a house on GLENOLDEN STREET is 84 sq meters (909 sq feet).