£179,652
This estimated value is based upon the latest sale price for the house of £100,000 on 2 Sep 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£100,000 | 2 Sep 2009 |
£78,000 | 17 Jan 2008 |
Semi-Detached |
Leasehold |
Floor Area: 82 sq meters or 882 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 September 2009 the House Price Index for GREATER MANCHESTER was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £100,000 results in an estimated price of approximately £179,652.
2 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 149.7 | 79.652 % | £100,000 | £79,652 | £179,652 |
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 | 58.891 % | £58,891 | £158,891 |
3 Month Average | 77.067 % | £77,067 | £177,067 |
6 Month Average | 60.872 % | £60,871 | £160,871 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2024 | £100,876 | £100,000 | 143 HONEYWELL LANE |
1 Sep 2023 | £94,074 | £92,000 | 220 BELGRAVE ROAD |
31 Aug 2023 | £137,480 | £135,000 | 33 KESWICK AVENUE |
1 Nov 2022 | £92,567 | £93,000 | 215 HONEYWELL LANE |
8 Jul 2022 | £186,872 | £185,000 | 6 BELGRAVE AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 26 Jun 2015. Using an estimated price of £179,652 means this house is valued at £2,190 per sq meter (£203 per sq foot).
The average size of a house on BELGRAVE AVENUE is 103 sq meters (1,116 sq feet).