£298,890
This estimated value is based upon the latest sale price for the house of £164,000 on 4 Oct 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £164,000 | 4 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 October 2005 the House Price Index for GREATER MANCHESTER was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £164,000 results in an estimated price of approximately £298,890.
| 4 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £164,000 | £134,890 | £298,890 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | 198.045 % | £324,794 | £488,794 |
| 3 Month Average | 168.010 % | £275,535 | £439,535 |
| 6 Month Average | 181.272 % | £297,285 | £461,285 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £284,986 | £280,000 | 1491 ASHTON OLD ROAD |
| 1 Dec 2023 | £279,897 | £275,000 | 28 ALBANY AVENUE |
| 26 Jun 2023 | £183,219 | £181,000 | 4 ALBANY AVENUE |
| 21 Oct 2022 | £249,316 | £252,000 | 1508 ASHTON OLD ROAD |
| 12 Oct 2022 | £225,077 | £227,500 | 8 BACKWELL STREET |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 14 Dec 2010. Using an estimated price of £298,891 means this house is valued at £1,800 per sq meter (£167 per sq foot).
The average size of a house on GRANSMOOR AVENUE is 354 sq meters (3,810 sq feet).
This house is the smallest in the street with a floor area of 166 sq meters (1,786 sq feet).