£262,172
This estimated value is based upon the latest sale price for the house of £155,000 on 7 Dec 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £155,000 | 7 Dec 2012 |
| £69,500 | 1 Apr 1999 |
| £67,995 | 4 Aug 1995 |
| Detached |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 £155,000 results in an estimated price of approximately £262,172.
| 7 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £155,000 | £107,172 | £262,172 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 143.533 % | £222,476 | £377,476 |
| 3 Month Average | 92.775 % | £143,801 | £298,801 |
| 6 Month Average | 70.370 % | £109,073 | £264,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £157,760 | £155,000 | 39 MALLORY AVENUE |
| 4 Jul 2023 | £157,115 | £155,000 | 10 MALLORY AVENUE |
| 6 Mar 2023 | £252,378 | £250,000 | 51 VICARAGE ROAD |
| 30 Aug 2022 | £188,293 | £188,800 | 29 DALES BROW AVENUE |
| 8 Nov 2021 | £137,893 | £127,500 | 2 ATLAS STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 8 Oct 2015. Using an estimated price of £262,173 means this house is valued at £2,789 per sq meter (£259 per sq foot).
The average size of a house on CEDAR MEWS is 90 sq meters (971 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,011 sq feet).