£153,641
This estimated value is based upon the latest sale price for the house of £107,500 on 21 Aug 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £107,500 | 21 Aug 2015 |
| Semi-Detached |
| 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 August 2015 the House Price Index for GREATER MANCHESTER was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £107,500 results in an estimated price of approximately £153,641.
| 21 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £107,500 | £46,141 | £153,641 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 172.515 % | £185,454 | £292,954 |
| 3 Month Average | 29.177 % | £31,365 | £138,865 |
| 6 Month Average | 40.103 % | £43,110 | £150,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £98,696 | £97,500 | 12 KENSINGTON PLACE |
| 24 Mar 2023 | £126,189 | £125,000 | 3 KENSINGTON PLACE |
| 3 Feb 2023 | £234,842 | £235,000 | 5 CROMPTON AVENUE |
| 22 Sep 2022 | £322,397 | £325,000 | 8 CROMPTON AVENUE |
| 22 Jul 2022 | £100,270 | £100,000 | 11 KENSINGTON PLACE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 30 Sep 2014. Using an estimated price of £153,642 means this house is valued at £2,163 per sq meter (£201 per sq foot).
The average size of a house on CLEVELEYS AVENUE is 93 sq meters (1,009 sq feet).