£86,294
This estimated value is based upon the latest sale price for the house of £50,000 on 15 Apr 2011. 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 |
|---|---|
| £50,000 | 15 Apr 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 April 2011 the House Price Index for GREATER MANCHESTER was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £50,000 results in an estimated price of approximately £86,294.
| 15 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £50,000 | £36,294 | £86,294 |
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 | 70.010 % | £35,005 | £85,005 |
| 3 Month Average | 100.146 % | £50,073 | £100,073 |
| 6 Month Average | 70.977 % | £35,488 | £85,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £190,865 | £185,000 | 8 FIR TREE AVENUE |
| 25 Oct 2023 | £136,091 | £133,000 | 18 LETHAM STREET |
| 13 Oct 2023 | £225,113 | £220,000 | 2 FIR TREE AVENUE |
| 26 Sep 2023 | £96,119 | £94,000 | 635 ASHTON ROAD |
| 11 Aug 2023 | £94,708 | £93,000 | 645 ASHTON ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 8 Jul 2019. Using an estimated price of £86,294 means this house is valued at £980 per sq meter (£91 per sq foot).
The average size of a house on BEECHWOOD ROAD is 96 sq meters (1,036 sq feet).