£157,125
This estimated value is based upon the latest sale price for the house of £118,000 on 27 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £118,000 | 27 Jul 2016 |
| £39,630 | 3 May 2007 |
| Terraced |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 July 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £118,000 results in an estimated price of approximately £157,125.
| 27 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £118,000 | £39,125 | £157,125 |
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 | 69.817 % | £82,384 | £200,384 |
| 3 Month Average | 37.688 % | £44,472 | £162,472 |
| 6 Month Average | 61.674 % | £72,775 | £190,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £193,848 | £191,500 | 7 EMLEY STREET |
| 12 Apr 2023 | £202,177 | £200,000 | 59 BARLOW ROAD |
| 9 Sep 2022 | £272,797 | £275,000 | 8 WHALLEY AVENUE |
| 27 Jun 2022 | £236,847 | £233,500 | 38 CUTHBERT AVENUE |
| 29 Apr 2022 | £221,407 | £215,000 | 41 CUTHBERT AVENUE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 16 May 2016. Using an estimated price of £157,126 means this house is valued at £2,213 per sq meter (£205 per sq foot).
The average size of a house on HARRISON AVENUE is 82 sq meters (891 sq feet).