£141,827
This estimated value is based upon the latest sale price for the house of £105,000 on 21 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £105,000 | 21 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 March 2016 the House Price Index for GREATER MANCHESTER was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £105,000 results in an estimated price of approximately £141,827.
| 21 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £105,000 | £36,827 | £141,827 |
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 | 103.631 % | £108,812 | £213,812 |
| 3 Month Average | 89.411 % | £93,881 | £198,881 |
| 6 Month Average | 57.315 % | £60,181 | £165,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £101,503 | £100,000 | 26 CONISTON GROVE |
| 14 Jul 2023 | £223,001 | £220,000 | 29 BUTTERMERE ROAD |
| 23 Jun 2023 | £217,636 | £215,000 | 45 BUTTERMERE ROAD |
| 18 Apr 2023 | £192,068 | £190,000 | 20 DERWENT AVENUE |
| 29 Mar 2023 | £176,664 | £175,000 | 18 GLENTHORNE DRIVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 5 May 2013. Using an estimated price of £141,827 means this house is valued at £2,325 per sq meter (£216 per sq foot).
The average size of a house on DERWENT AVENUE is 102 sq meters (1,105 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).