£54,062
This estimated value is based upon the latest sale price for the house of £30,000 on 13 Dec 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £30,000 | 13 Dec 2005 |
| Terraced |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 December 2005 the House Price Index for GREATER MANCHESTER was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £30,000 results in an estimated price of approximately £54,062.
| 13 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £30,000 | £24,062 | £54,062 |
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 | 37.469 % | £11,240 | £41,240 |
| 3 Month Average | 65.183 % | £19,554 | £49,554 |
| 6 Month Average | 66.969 % | £20,090 | £50,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £92,500 | £92,500 | 31 ARGO STREET |
| 7 Dec 2023 | £152,671 | £150,000 | 18 AUBURN STREET |
| 20 Jul 2023 | £117,583 | £116,000 | 7 EDGMONT AVENUE |
| 17 Mar 2023 | £60,571 | £60,000 | 29 ESSINGDON STREET |
| 28 Nov 2022 | £93,369 | £94,500 | 70 ESSINGDON STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 19 Aug 2013. Using an estimated price of £54,062 means this house is valued at £684 per sq meter (£63 per sq foot).
The average size of a house on EDGMONT AVENUE is 97 sq meters (1,053 sq feet).