£210,809
This estimated value is based upon the latest sale price for the house of £115,000 on 3 Aug 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £115,000 | 3 Aug 2005 |
| £79,500 | 9 Nov 2004 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2005 the House Price Index for GREATER MANCHESTER was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £115,000 results in an estimated price of approximately £210,809.
| 3 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £115,000 | £95,809 | £210,809 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 67.866 % | £78,046 | £193,046 |
| 3 Month Average | 59.304 % | £68,199 | £183,199 |
| 6 Month Average | 61.912 % | £71,199 | £186,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £126,878 | £125,000 | 6 BRADBURY STREET |
| 30 Aug 2023 | £165,447 | £164,000 | 15 WESTMORLAND AVENUE |
| 14 Aug 2023 | £146,280 | £145,000 | 109 ELGIN STREET |
| 8 Aug 2022 | £189,490 | £190,000 | 122 MINTO STREET |
| 19 Apr 2022 | £133,874 | £130,000 | 59 ELGIN STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 30 Jun 2014. Using an estimated price of £210,810 means this house is valued at £2,570 per sq meter (£238 per sq foot).
The average size of a house on CRANBOURNE ROAD is 94 sq meters (1,019 sq feet).