£117,669
This estimated value is based upon the latest sale price for the house of £75,000 on 28 Aug 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £75,000 | 28 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 August 2007 the House Price Index for GREATER MANCHESTER was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £75,000 results in an estimated price of approximately £117,669.
| 28 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £75,000 | £42,669 | £117,669 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 124.030 % | £93,022 | £168,022 |
| 3 Month Average | 35.458 % | £26,593 | £101,593 |
| 6 Month Average | 41.592 % | £31,194 | £106,194 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £189,659 | £188,000 | 15 RAVINE AVENUE |
| 6 Apr 2023 | £143,546 | £142,000 | 11 BEECHWOOD GROVE |
| 24 Oct 2022 | £187,976 | £190,000 | 144 CHURCH LANE |
| 17 Aug 2022 | £179,517 | £180,000 | 8 MOSTON BANK AVENUE |
| 5 Aug 2022 | £148,101 | £148,500 | 8 BEECHWOOD GROVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 14 Mar 2019. Using an estimated price of £117,670 means this house is valued at £1,489 per sq meter (£138 per sq foot).
The average size of a house on VALE TOP AVENUE is 88 sq meters (956 sq feet).