£106,660
This estimated value is based upon the latest sale price for the house of £92,000 on 11 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £92,000 | 11 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 November 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £92,000 results in an estimated price of approximately £106,660.
| 11 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £92,000 | £14,660 | £106,660 |
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 | -3.149 % | £-2,896 | £89,103 |
| 3 Month Average | 7.647 % | £7,034 | £99,034 |
| 6 Month Average | 17.638 % | £16,227 | £108,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £91,166 | £90,000 | 16 HATHERSHAW LANE |
| 1 Sep 2023 | £75,971 | £75,000 | 45 FOREST STREET |
| 21 Jul 2023 | £162,183 | £160,000 | 22 BELLFIELD AVENUE |
| 1 Mar 2023 | £102,011 | £101,050 | 484 ASHTON ROAD |
| 24 Feb 2023 | £74,950 | £75,000 | 24 ALTON STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 1 Apr 2020. Using an estimated price of £106,661 means this house is valued at £1,693 per sq meter (£157 per sq foot).
The average size of a house on BELLFIELD AVENUE is 83 sq meters (903 sq feet).