£117,391
This estimated value is based upon the latest sale price for the house of £55,000 on 25 Feb 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £55,000 | 25 Feb 2004 |
| Terraced |
| Leasehold |
| Floor Area: 122 sq meters or 1,313 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 February 2004 the House Price Index for GREATER MANCHESTER was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £55,000 results in an estimated price of approximately £117,391.
| 25 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 149.7 | 113.439 % | £55,000 | £62,391 | £117,391 |
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 | 208.137 % | £114,475 | £169,475 |
| 3 Month Average | 223.770 % | £123,073 | £178,073 |
| 6 Month Average | 215.917 % | £118,754 | £173,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £247,146 | £245,000 | 265 WINDSOR ROAD |
| 19 Apr 2023 | £183,431 | £180,000 | 82 LANGHAM ROAD |
| 17 Feb 2023 | £186,244 | £185,000 | 124 GAINSBOROUGH AVENUE |
| 25 Nov 2022 | £154,279 | £155,000 | 127 GAINSBOROUGH AVENUE |
| 4 Apr 2022 | £206,447 | £199,000 | 91 GAINSBOROUGH AVENUE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 8 Nov 2013. Using an estimated price of £117,392 means this house is valued at £962 per sq meter (£89 per sq foot).
The average size of a house on BURLINGTON AVENUE is 117 sq meters (1,266 sq feet).