£203,855
This estimated value is based upon the latest sale price for the house of £190,000 on 23 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £190,000 | 23 Jun 2021 |
| £118,000 | 30 Apr 2014 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 June 2021 the House Price Index for GREATER MANCHESTER was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £190,000 results in an estimated price of approximately £203,855.
| 23 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £190,000 | £13,855 | £203,855 |
The Postcode Pricing Model uses changes in average sales price within the SK1 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 | -9.550 % | £-18,144 | £171,855 |
| 3 Month Average | 30.857 % | £58,629 | £248,629 |
| 6 Month Average | 31.356 % | £59,576 | £249,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £196,721 | £195,000 | 35 ELLWOOD ROAD |
| 31 Mar 2023 | £1,514,266 | £1,500,000 | 5 OLDHAM AVENUE |
| 20 May 2022 | £208,937 | £205,000 | 76 ELLWOOD ROAD |
| 8 Apr 2022 | £211,109 | £205,000 | 13 GWENBURY AVENUE |
| 24 Sep 2021 | £199,355 | £185,000 | 5 BETNOR AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 19 Jun 2014. Using an estimated price of £203,856 means this house is valued at £2,682 per sq meter (£249 per sq foot).
The average size of a house on GWENBURY AVENUE is 70 sq meters (761 sq feet).