£76,293
This estimated value is based upon the latest sale price for the house of £39,950 on 3 Sep 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£39,950 | 3 Sep 2004 |
£18,112 | 24 Jan 2003 |
Semi-Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 2004 the House Price Index for GREATER MANCHESTER was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £39,950 results in an estimated price of approximately £76,293.
3 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.8 | 148.6 | 90.974 % | £39,950 | £36,343 | £76,293 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 49.225 % | £19,665 | £59,615 |
3 Month Average | 87.520 % | £34,964 | £74,914 |
6 Month Average | 102.263 % | £40,854 | £80,804 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £142,104 | £140,000 | 40 RIBBLESDALE ROAD |
8 Feb 2023 | £84,943 | £85,000 | 23 MANCROFT AVENUE |
4 Dec 2020 | £114,771 | £100,000 | 24 RIBBLESDALE ROAD |
30 Jul 2020 | £66,506 | £55,000 | 470 BRIDGEMAN STREET |
20 May 2020 | £207,941 | £170,000 | 142 MANCROFT AVENUE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 5 Apr 2016. Using an estimated price of £76,294 means this house is valued at £615 per sq meter (£57 per sq foot).
The average size of a house on MANCROFT AVENUE is 101 sq meters (1,092 sq feet).