£207,697
This estimated value is based upon the latest sale price for the house of £131,950 on 28 Mar 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£131,950 | 28 Mar 2014 |
£48,550 | 29 May 1998 |
£43,825 | 28 Jan 1998 |
Semi-Detached |
Leasehold |
Floor Area: 111 sq meters or 1,194 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 2014 the House Price Index for GREATER MANCHESTER was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £131,950 results in an estimated price of approximately £207,697.
28 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.6 | 57.406 % | £131,950 | £75,747 | £207,697 |
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 | 13.305 % | £17,555 | £149,505 |
3 Month Average | 40.102 % | £52,914 | £184,864 |
6 Month Average | 52.070 % | £68,706 | £200,656 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £152,254 | £150,000 | 46 DORCHESTER AVENUE |
18 Aug 2023 | £105,927 | £105,000 | 23 FAIRMOUNT AVENUE |
6 Apr 2023 | £126,361 | £125,000 | 10 BARCHESTER AVENUE |
28 Feb 2023 | £249,832 | £250,000 | 169 WITHINS LANE |
24 Feb 2023 | £182,877 | £183,000 | 30 WITHINS LANE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 11 Jan 2014. Using an estimated price of £207,698 means this house is valued at £1,871 per sq meter (£173 per sq foot).
The average size of a house on WITHINS LANE is 111 sq meters (1,195 sq feet).