£204,508
This estimated value is based upon the latest sale price for the house of £200,000 on 25 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £200,000 | 25 Sep 2023 |
| £150,500 | 27 Feb 2017 |
| £60,000 | 20 Jan 2000 |
| £58,000 | 12 Dec 1995 |
| £58,950 | 12 Dec 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 September 2023 the House Price Index for GREATER MANCHESTER was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £200,000 results in an estimated price of approximately £204,508.
| 25 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £200,000 | £4,508 | £204,508 |
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 | 56.502 % | £113,004 | £313,004 |
| 3 Month Average | 11.339 % | £22,678 | £222,678 |
| 6 Month Average | 5.709 % | £11,418 | £211,418 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £195,000 | £195,000 | 30 WARREN LANE |
| 24 Nov 2023 | £205,209 | £200,000 | 91 WARREN LANE |
| 29 Sep 2023 | £102,254 | £100,000 | 24 SWANSEA STREET |
| 25 Sep 2023 | £204,508 | £200,000 | 9 FINSBURY CLOSE |
| 25 Nov 2022 | £144,325 | £145,000 | 26 FLOWERY BANK |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 12 Sep 2016. Using an estimated price of £204,508 means this house is valued at £2,840 per sq meter (£263 per sq foot).
The average size of a house on FINSBURY CLOSE is 124 sq meters (1,340 sq feet).