£116,963
This estimated value is based upon the latest sale price for the house of £92,000 on 31 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £92,000 | 31 Oct 2017 |
| £70,000 | 2 Jun 2006 |
| £33,000 | 29 Nov 2002 |
| £27,000 | 6 Apr 2000 |
| £18,000 | 9 Dec 1999 |
| Terraced |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 October 2017 the House Price Index for GREATER MANCHESTER was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £92,000 results in an estimated price of approximately £116,963.
| 31 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £92,000 | £24,963 | £116,963 |
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 | 47.416 % | £43,622 | £135,622 |
| 3 Month Average | 44.796 % | £41,212 | £133,212 |
| 6 Month Average | 57.152 % | £52,580 | £144,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £134,070 | £129,950 | 11 TANNERS FOLD |
| 22 Sep 2023 | £163,607 | £160,000 | 31 TANNERS FOLD |
| 1 Sep 2023 | £138,043 | £135,000 | 12 HOUGH CLOSE |
| 1 Mar 2023 | £111,868 | £110,000 | 59 FIR TREE AVENUE |
| 30 Jun 2022 | £86,857 | £85,000 | 71 FIR TREE AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 10 Apr 2017. Using an estimated price of £116,963 means this house is valued at £1,409 per sq meter (£130 per sq foot).
The average size of a house on FIR TREE AVENUE is 85 sq meters (921 sq feet).