£192,933
This estimated value is based upon the latest sale price for the house of £191,000 on 5 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £191,000 | 5 Jul 2022 |
| £69,000 | 1 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2022 the House Price Index for GREATER MANCHESTER was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £191,000 results in an estimated price of approximately £192,933.
| 5 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £191,000 | £1,933 | £192,933 |
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 | 8.458 % | £16,154 | £207,154 |
| 3 Month Average | 3.154 % | £6,024 | £197,024 |
| 6 Month Average | -4.626 % | £-8,834 | £182,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £163,000 | £163,000 | 1 CUMBERLAND GROVE |
| 13 Oct 2023 | £239,438 | £234,000 | 10 FARNSWORTH CLOSE |
| 15 Aug 2023 | £190,435 | £187,000 | 11 CUMBERLAND GROVE |
| 22 Jun 2023 | £132,658 | £130,000 | 91 CRANBOURNE ROAD |
| 5 Jul 2022 | £192,933 | £191,000 | 97 CRANBOURNE ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 26 May 2021. Using an estimated price of £192,933 means this house is valued at £1,820 per sq meter (£169 per sq foot).
The average size of a house on CRANBOURNE ROAD is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tensing Avenue |