£221,033
This estimated value is based upon the latest sale price for the house of £220,000 on 8 Aug 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £220,000 | 8 Aug 2022 |
| £134,325 | 18 Jun 2014 |
| £51,950 | 25 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2022 the House Price Index for GREATER MANCHESTER was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £220,000 results in an estimated price of approximately £221,033.
| 8 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £220,000 | £1,033 | £221,033 |
The Postcode Pricing Model uses changes in average sales price within the WN3 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 | -3.061 % | £-6,734 | £213,265 |
| 3 Month Average | 18.777 % | £41,309 | £261,309 |
| 6 Month Average | 8.747 % | £19,243 | £239,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £204,778 | £203,000 | 74 RAVENSWOOD AVENUE |
| 22 Sep 2023 | £265,861 | £260,000 | 2 SOUTHERY AVENUE |
| 21 Apr 2023 | £100,418 | £98,540 | 17 HILGAY CLOSE |
| 8 Aug 2022 | £221,034 | £220,000 | 7 SOUTHERY AVENUE |
| 1 Jul 2022 | £217,176 | £215,000 | 62 RAVENSWOOD AVENUE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 21 May 2013. Using an estimated price of £221,034 means this house is valued at £1,973 per sq meter (£183 per sq foot).
The average size of a house on SOUTHERY AVENUE is 112 sq meters (1,211 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).