£153,321
This estimated value is based upon the latest sale price for the house of £65,000 on 6 Jun 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£65,000 | 6 Jun 2003 |
£31,500 | 13 Sep 2002 |
Terraced |
Leasehold |
Floor Area: 54 sq meters or 581 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 June 2003 the House Price Index for GREATER MANCHESTER was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £65,000 results in an estimated price of approximately £153,321.
6 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.0 | 148.6 | 135.879 % | £65,000 | £88,321 | £153,321 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 245.982 % | £159,888 | £224,888 |
3 Month Average | 176.794 % | £114,915 | £179,915 |
6 Month Average | 244.572 % | £158,971 | £223,971 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Jun 2023 | £236,869 | £234,000 | 16 GARFIELD AVENUE |
24 Jan 2023 | £268,734 | £270,000 | 5 LINCOLN AVENUE |
8 Aug 2022 | £235,666 | £236,300 | 249 BROOM LANE |
6 May 2022 | £219,129 | £215,000 | 35 GARFIELD AVENUE |
14 Feb 2022 | £157,304 | £150,000 | 165 BROOM LANE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 25 Sep 2015. Using an estimated price of £153,322 means this house is valued at £2,839 per sq meter (£263 per sq foot).
The average size of a house on CARNEGIE AVENUE is 97 sq meters (1,048 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).