£101,848
This estimated value is based upon the latest sale price for the house of £78,000 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £78,000 | 10 Mar 2017 |
| Terraced |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 March 2017 the House Price Index for GREATER MANCHESTER was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £78,000 results in an estimated price of approximately £101,848.
| 10 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £78,000 | £23,848 | £101,848 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 6.510 % | £5,077 | £83,077 |
| 3 Month Average | 49.854 % | £38,886 | £116,886 |
| 6 Month Average | 37.656 % | £29,371 | £107,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £153,907 | £150,000 | 46 DORCHESTER AVENUE |
| 22 Nov 2023 | £99,526 | £97,000 | 16 GRANTCHESTER WAY |
| 9 Oct 2023 | £133,021 | £130,000 | 38 PADBURY WAY |
| 19 Sep 2023 | £209,621 | £205,000 | 96 RED LANE |
| 6 Apr 2023 | £127,383 | £125,000 | 10 BARCHESTER AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 14 Feb 2014. Using an estimated price of £101,849 means this house is valued at £1,170 per sq meter (£108 per sq foot).
The average size of a house on RIBCHESTER GROVE is 115 sq meters (1,243 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).