£152,060
This estimated value is based upon the latest sale price for the house of £145,000 on 15 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £145,000 | 15 Feb 2022 |
| £109,000 | 20 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 February 2022 the House Price Index for GREATER MANCHESTER was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £145,000 results in an estimated price of approximately £152,060.
| 15 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £145,000 | £7,060 | £152,060 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 100.687 % | £145,996 | £290,996 |
| 3 Month Average | 30.995 % | £44,942 | £189,942 |
| 6 Month Average | 11.108 % | £16,106 | £161,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £232,503 | £230,000 | 23 CALBOURNE CRESCENT |
| 14 Mar 2023 | £163,541 | £162,000 | 151 STANLEY GROVE |
| 12 Sep 2022 | £74,399 | £75,000 | 28 SHELFORD AVENUE |
| 22 Apr 2022 | £200,811 | £195,000 | 230 STANLEY GROVE |
| 28 Mar 2022 | £170,983 | £165,000 | 189 STANLEY GROVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 28 Oct 2019. Using an estimated price of £152,061 means this house is valued at £2,111 per sq meter (£196 per sq foot).
The average size of a house on SHELFORD AVENUE is 77 sq meters (838 sq feet).