£161,521
This estimated value is based upon the latest sale price for the house of £160,000 on 17 Mar 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £160,000 | 17 Mar 2023 |
| £90,000 | 29 Jan 2008 |
| £23,950 | 6 Jun 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 2023 the House Price Index for GREATER MANCHESTER was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £160,000 results in an estimated price of approximately £161,521.
| 17 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £160,000 | £1,521 | £161,521 |
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 | -19.431 % | £-31,089 | £128,910 |
| 3 Month Average | -5.888 % | £-9,421 | £150,578 |
| 6 Month Average | -4.446 % | £-7,113 | £152,886 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2023 | £181,712 | £180,000 | 70 BREIGHTMET DRIVE |
| 17 Mar 2023 | £161,522 | £160,000 | 137 BLENHEIM ROAD |
| 1 Feb 2023 | £169,886 | £170,000 | 59 STANWORTH AVENUE |
| 30 Jun 2022 | £96,362 | £95,000 | 30 STANWORTH AVENUE |
| 17 Jun 2022 | £73,032 | £72,000 | 65 STANWORTH AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 7 Sep 2021. Using an estimated price of £161,522 means this house is valued at £1,794 per sq meter (£166 per sq foot).
The average size of a house on BLENHEIM ROAD is 93 sq meters (1,005 sq feet).