£89,190
This estimated value is based upon the latest sale price for the house of £88,110 on 7 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £88,110 | 7 Jun 2023 |
| £170,000 | 20 May 2016 |
| £149,950 | 27 Sep 2012 |
| Terraced |
| Leasehold |
| Floor Area: 108 sq meters or 1,172 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 2023 the House Price Index for GREATER MANCHESTER was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £88,110 results in an estimated price of approximately £89,190.
| 7 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £88,110 | £1,080 | £89,190 |
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 | -28.279 % | £-24,916 | £63,193 |
| 3 Month Average | -2.458 % | £-2,165 | £85,944 |
| 6 Month Average | -6.747 % | £-5,944 | £82,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £89,190 | £88,110 | 16 ALVINGHAM AVENUE |
| 2 Jun 2023 | £80,981 | £80,000 | 100 SCHOFIELD STREET |
| 24 Apr 2023 | £253,732 | £251,000 | 47 NEILD STREET |
| 15 Mar 2023 | £132,044 | £130,800 | 48 NEILD STREET |
| 19 Aug 2022 | £194,477 | £195,000 | 21 SCHOFIELD STREET |
This house has a floor area of 108 sq meters or 1,172 sq feet when measured on 2 Nov 2011. Using an estimated price of £89,190 means this house is valued at £818 per sq meter (£76 per sq foot).
The average size of a house on ALVINGHAM AVENUE is 104 sq meters (1,127 sq feet).