£471,758
This estimated value is based upon the latest sale price for the house of £200,000 on 4 Jun 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£200,000 | 4 Jun 2003 |
£84,000 | 26 Jan 1999 |
Detached |
Leasehold |
Floor Area: 95 sq meters or 1,025 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 June 2003 the House Price Index for GREATER MANCHESTER was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £200,000 results in an estimated price of approximately £471,758.
4 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.0 | 148.6 | 135.879 % | £200,000 | £271,758 | £471,758 |
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 | 139.439 % | £278,878 | £478,878 |
3 Month Average | 211.325 % | £422,649 | £622,649 |
6 Month Average | 233.282 % | £466,563 | £666,563 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £468,192 | £460,000 | 5 WHITING GROVE |
3 Jul 2023 | £274,697 | £271,000 | 15 SANDWOOD AVENUE |
20 Apr 2023 | £323,483 | £320,000 | 1 CULROSS AVENUE |
6 Feb 2023 | £309,792 | £310,000 | 16 CULROSS AVENUE |
14 Apr 2022 | £386,175 | £375,000 | 119 ARMADALE ROAD |
This house has a floor area of 95 sq meters or 1,025 sq feet when measured on 27 Mar 2009. Using an estimated price of £471,759 means this house is valued at £4,951 per sq meter (£459 per sq foot).
The average size of a house on ARMADALE ROAD is 121 sq meters (1,308 sq feet).