£159,434
This estimated value is based upon the latest sale price for the house of £109,950 on 3 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£109,950 | 3 Jul 2015 |
Semi-Detached |
Leasehold |
Floor Area: 91 sq meters or 979 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 July 2015 the House Price Index for GREATER MANCHESTER was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £109,950 results in an estimated price of approximately £159,434.
3 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £109,950 | £49,484 | £159,434 |
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 | 51.401 % | £56,515 | £166,465 |
3 Month Average | 50.633 % | £55,671 | £165,621 |
6 Month Average | 55.918 % | £61,482 | £171,432 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £186,621 | £185,000 | 16 HAMPTON ROAD |
28 Mar 2024 | £203,919 | £200,786 | 4 WALKER AVENUE |
17 Aug 2023 | £147,663 | £145,000 | 19 FORESTER HILL AVENUE |
20 Jun 2023 | £155,108 | £152,000 | 24 FORESTER HILL AVENUE |
17 Feb 2023 | £201,345 | £200,000 | 3 HAMPTON ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 14 May 2013. Using an estimated price of £159,434 means this house is valued at £1,752 per sq meter (£162 per sq foot).
The average size of a house on WALKER AVENUE is 104 sq meters (1,129 sq feet).