£65,509
This estimated value is based upon the latest sale price for the house of £18,000 on 23 Nov 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £18,000 | 23 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2000 the House Price Index for GREATER MANCHESTER was 40.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 263.941%.Applying this 263.941% change to the original purchase price of £18,000 results in an estimated price of approximately £65,509.
| 23 Nov 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 148.6 | 263.941 % | £18,000 | £47,509 | £65,509 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 271.138 % | £48,804 | £66,804 |
| 3 Month Average | 297.751 % | £53,595 | £71,595 |
| 6 Month Average | 301.357 % | £54,244 | £72,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £182,456 | £180,000 | 21 ROWAN TREE ROAD |
| 3 Jul 2023 | £169,785 | £167,500 | 118 OAK ROAD |
| 23 Jun 2023 | £151,839 | £150,000 | 112 ELM ROAD |
| 27 Jan 2023 | £204,039 | £205,000 | 54 ROWAN TREE ROAD |
| 23 Nov 2022 | £197,606 | £200,000 | 50 ROWAN TREE ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 18 Mar 2014. Using an estimated price of £65,509 means this house is valued at £770 per sq meter (£71 per sq foot).
The average size of a house on NINTH AVENUE is 82 sq meters (887 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (914 sq feet).