£262,644
This estimated value is based upon the latest sale price for the house of £179,950 on 18 May 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £179,950 | 18 May 2015 |
| £42,500 | 27 Oct 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 May 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £179,950 results in an estimated price of approximately £262,644.
| 18 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £179,950 | £82,694 | £262,644 |
The Postcode Pricing Model uses changes in average sales price within the OL6 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 | -11.638 % | £-20,942 | £159,007 |
| 3 Month Average | 53.709 % | £96,649 | £276,599 |
| 6 Month Average | 44.540 % | £80,150 | £260,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £330,447 | £326,000 | 6 WEYMOUTH ROAD |
| 17 Mar 2023 | £350,805 | £347,500 | 380 KINGS ROAD |
| 26 Jan 2023 | £333,429 | £335,000 | 407 KINGS ROAD |
| 23 Jun 2022 | £405,734 | £400,000 | 12 WEYMOUTH ROAD |
| 28 Feb 2022 | £272,661 | £260,000 | 9 ARDEN CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 27 Oct 2014. Using an estimated price of £262,644 means this house is valued at £2,918 per sq meter (£271 per sq foot).
The average size of a house on GRANGE PARK AVENUE is 109 sq meters (1,173 sq feet).