£92,630
This estimated value is based upon the latest sale price for the house of £54,000 on 21 Jan 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£54,000 | 21 Jan 2011 |
Terraced |
Leasehold |
Floor Area: 71 sq meters or 772 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 January 2011 the House Price Index for GREATER MANCHESTER was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £54,000 results in an estimated price of approximately £92,630.
21 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.539 % | £54,000 | £38,630 | £92,630 |
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 | 49.140 % | £26,535 | £80,535 |
3 Month Average | 40.792 % | £22,027 | £76,027 |
6 Month Average | 58.668 % | £31,680 | £85,680 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £230,290 | £227,500 | 11 AVON ROAD |
24 Mar 2023 | £161,522 | £160,000 | 122 - 124 BURY NEW ROAD |
19 Nov 2021 | £433 | £400 | 38 SUMMIT STREET |
1 Nov 2021 | £200,080 | £185,000 | 22 AVON ROAD |
17 Nov 2020 | £104,342 | £90,000 | 117 BURY NEW ROAD |
This house has a floor area of 71 sq meters or 772 sq feet when measured on 4 Jul 2011. Using an estimated price of £92,631 means this house is valued at £1,290 per sq meter (£119 per sq foot).
The average size of a house on LONGRIDGE DRIVE is 88 sq meters (952 sq feet).