£117,595
This estimated value is based upon the latest sale price for the house of £68,000 on 25 Aug 2006. 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 |
|---|---|
| £68,000 | 25 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2006 the House Price Index for GREATER MANCHESTER was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.934%.Applying this 72.934% change to the original purchase price of £68,000 results in an estimated price of approximately £117,595.
| 25 Aug 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.934 % | £68,000 | £49,595 | £117,595 |
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 | 171.037 % | £116,305 | £184,305 |
| 3 Month Average | 145.361 % | £98,845 | £166,845 |
| 6 Month Average | 137.446 % | £93,463 | £161,463 |
| 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 71 sq meters or 764 sq feet when measured on 7 Mar 2014. Using an estimated price of £117,595 means this house is valued at £1,656 per sq meter (£153 per sq foot).
The average size of a house on GLENOLDEN STREET is 84 sq meters (909 sq feet).