£99,512
This estimated value is based upon the latest sale price for the house of £58,000 on 3 Aug 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £58,000 | 3 Aug 2012 |
| £17,500 | 23 Jun 1998 |
| Terraced |
| Leasehold |
| Floor Area: 180 sq meters or 1,937 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 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £58,000 results in an estimated price of approximately £99,512.
| 3 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £58,000 | £41,512 | £99,512 |
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 | 72.074 % | £41,802 | £99,802 |
| 3 Month Average | 77.438 % | £44,914 | £102,914 |
| 6 Month Average | 71.914 % | £41,710 | £99,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £60,526 | £60,000 | 38 AVON STREET |
| 13 Nov 2023 | £90,292 | £88,000 | 44 RALSTONE AVENUE |
| 7 Sep 2023 | £95,608 | £93,500 | 2A RALSTONE AVENUE |
| 24 Mar 2023 | £101,698 | £100,000 | 73 VILLA ROAD |
| 2 Mar 2023 | £432 | £425 | 40 AVON STREET |
This house has a floor area of 180 sq meters or 1,937 sq feet when measured on 9 Jun 2014. Using an estimated price of £99,512 means this house is valued at £552 per sq meter (£51 per sq foot).
The average size of a house on VILLA ROAD is 102 sq meters (1,097 sq feet).