£116,935
This estimated value is based upon the latest sale price for the house of £101,000 on 23 Jul 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £101,000 | 23 Jul 2021 |
| £62,000 | 5 Jul 2006 |
| £48,500 | 9 Mar 2006 |
| £27,000 | 22 Jun 2000 |
| £19,000 | 28 Apr 2000 |
| £13,000 | 24 Nov 1999 |
| Terraced |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 July 2021 the House Price Index for GREATER MANCHESTER was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £101,000 results in an estimated price of approximately £116,935.
| 23 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £101,000 | £15,935 | £116,935 |
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 | -0.265 % | £-268 | £100,731 |
| 3 Month Average | 27.660 % | £27,936 | £128,936 |
| 6 Month Average | 33.850 % | £34,188 | £135,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £94,074 | £92,000 | 220 BELGRAVE ROAD |
| 31 Aug 2023 | £137,480 | £135,000 | 33 KESWICK AVENUE |
| 1 Nov 2022 | £92,567 | £93,000 | 215 HONEYWELL LANE |
| 15 Jul 2022 | £133,336 | £132,000 | 129 BELGRAVE ROAD |
| 8 Jul 2022 | £186,872 | £185,000 | 6 BELGRAVE AVENUE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 2 Jun 2020. Using an estimated price of £116,935 means this house is valued at £2,386 per sq meter (£221 per sq foot).
The average size of a house on KESWICK AVENUE is 82 sq meters (891 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (527 sq feet).