£170,155
This estimated value is based upon the latest sale price for the house of £98,000 on 2 Nov 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £98,000 | 2 Nov 2011 |
| Detached |
| Leasehold |
| Floor Area: 124 sq meters or 1,335 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 November 2011 the House Price Index for GREATER MANCHESTER was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £98,000 results in an estimated price of approximately £170,155.
| 2 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £98,000 | £72,155 | £170,155 |
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 | 49.273 % | £48,287 | £146,287 |
| 3 Month Average | 81.120 % | £79,497 | £177,497 |
| 6 Month Average | 72.480 % | £71,030 | £169,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £92,853 | £90,000 | 7 FAIRMOUNT AVENUE |
| 27 Nov 2023 | £153,907 | £150,000 | 46 DORCHESTER AVENUE |
| 6 Apr 2023 | £127,383 | £125,000 | 10 BARCHESTER AVENUE |
| 17 Mar 2023 | £148,988 | £146,500 | 115 WINCHESTER WAY |
| 28 Feb 2023 | £251,681 | £250,000 | 169 WITHINS LANE |
This house has a floor area of 124 sq meters or 1,335 sq feet when measured on 23 Nov 2010. Using an estimated price of £170,156 means this house is valued at £1,371 per sq meter (£127 per sq foot).
The average size of a house on WITHINS LANE is 111 sq meters (1,195 sq feet).