£321,288
This estimated value is based upon the latest sale price for the house of £189,950 on 20 Dec 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£189,950 | 20 Dec 2012 |
Detached |
Leasehold |
Floor Area: 114 sq meters or 1,227 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 December 2012 the House Price Index for GREATER MANCHESTER was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £189,950 results in an estimated price of approximately £321,288.
20 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 148.6 | 69.144 % | £189,950 | £131,338 | £321,288 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 20.443 % | £38,831 | £228,781 |
3 Month Average | 13.117 % | £24,916 | £214,866 |
6 Month Average | 30.777 % | £58,460 | £248,410 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £201,577 | £199,000 | 4 FUSTIAN AVENUE |
23 Nov 2022 | £316,170 | £320,000 | 27 WEAVER CLOSE |
26 Jul 2022 | £220,594 | £220,000 | 19 NORTH LIGHT WAY |
11 Jul 2022 | £298,804 | £298,000 | 69 TRIPPEAR WAY |
8 Apr 2022 | £216,773 | £210,500 | 6 NORTH LIGHT WAY |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 18 Dec 2012. Using an estimated price of £321,288 means this house is valued at £2,818 per sq meter (£261 per sq foot).
The average size of a house on FUSTIAN AVENUE is 98 sq meters (1,061 sq feet).