£107,668
This estimated value is based upon the latest sale price for the house of £87,500 on 25 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £87,500 | 25 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 June 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £87,500 results in an estimated price of approximately £107,668.
| 25 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £87,500 | £20,168 | £107,668 |
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 | -42.710 % | £-37,370 | £50,129 |
| 3 Month Average | 22.391 % | £19,591 | £107,091 |
| 6 Month Average | 16.354 % | £14,309 | £101,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £132,456 | £129,950 | 11 TANNERS FOLD |
| 17 Nov 2023 | £213,744 | £211,000 | 3 LICHENS CRESCENT |
| 31 Jul 2023 | £166,576 | £165,000 | 2 WOODPARK CLOSE |
| 11 Nov 2022 | £144,654 | £147,000 | 133 FIR TREE AVENUE |
| 12 Aug 2022 | £182,765 | £184,000 | 143 FIR TREE AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 30 Jun 2015. Using an estimated price of £107,669 means this house is valued at £1,329 per sq meter (£123 per sq foot).