£222,915
This estimated value is based upon the latest sale price for the house of £125,000 on 4 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 |
---|---|
£125,000 | 4 Sep 2009 |
£51,000 | 12 Dec 1997 |
Semi-Detached |
Leasehold |
Floor Area: 113 sq meters or 1,216 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 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £125,000 results in an estimated price of approximately £222,915.
4 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 148.6 | 78.332 % | £125,000 | £97,915 | £222,915 |
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 | 28.387 % | £35,484 | £160,484 |
3 Month Average | 55.264 % | £69,079 | £194,079 |
6 Month Average | 59.573 % | £74,465 | £199,465 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £132,315 | £130,000 | 21 GLEN AVENUE |
1 Dec 2023 | £249,363 | £245,000 | 14 MANNINGHAM ROAD |
17 Nov 2023 | £253,757 | £250,000 | 206 WIGAN ROAD |
6 Nov 2023 | £228,381 | £225,000 | 204 WIGAN ROAD |
31 Aug 2023 | £267,339 | £265,000 | 6 MANNINGHAM ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 14 Aug 2013. Using an estimated price of £222,915 means this house is valued at £1,972 per sq meter (£183 per sq foot).
The average size of a house on MANNINGHAM ROAD is 106 sq meters (1,143 sq feet).
This house is the largest in the street with a floor area of 113 sq meters (1,216 sq feet).