£125,325
This estimated value is based upon the latest sale price for the house of £89,995 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £89,995 | 27 Nov 2015 |
| Semi-Detached |
| Freehold |
| 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 November 2015 the House Price Index for GREATER MANCHESTER was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £89,995 results in an estimated price of approximately £125,325.
| 27 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £89,995 | £35,330 | £125,325 |
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 | 14.457 % | £13,010 | £103,005 |
| 3 Month Average | 49.362 % | £44,422 | £134,417 |
| 6 Month Average | 52.642 % | £47,375 | £137,370 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £147,179 | £145,000 | 6 CONNERY CRESCENT |
| 21 Aug 2023 | £171,500 | £170,000 | 59 LEES ROAD |
| 11 Aug 2023 | £197,371 | £195,644 | 225 SMALLSHAW LANE |
| 10 Mar 2023 | £70,666 | £70,000 | 171 KINGS ROAD |
| 28 Nov 2022 | £111,648 | £113,000 | 11 PROSPECT PLACE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 18 Aug 2015. Using an estimated price of £125,326 means this house is valued at £1,765 per sq meter (£163 per sq foot).
The average size of a house on SHEARD AVENUE is 81 sq meters (877 sq feet).