£111,406
This estimated value is based upon the latest sale price for the house of £80,000 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £80,000 | 27 Nov 2015 |
| Terraced |
| Leasehold |
| Floor Area: 121 sq meters or 1,302 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 November 2015 the House Price Index for GREATER MANCHESTER was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £80,000 results in an estimated price of approximately £111,406.
| 27 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £80,000 | £31,406 | £111,406 |
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 | 10.100 % | £8,079 | £88,079 |
| 3 Month Average | 30.954 % | £24,762 | £104,762 |
| 6 Month Average | 47.570 % | £38,056 | £118,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2022 | £66,068 | £63,000 | 3 COBHAM AVENUE |
| 1 Nov 2021 | £151,412 | £140,000 | 200 SETTLE STREET |
| 30 Jun 2021 | £150,209 | £140,000 | 176 PAULHAN STREET |
| 20 Aug 2020 | £161,874 | £135,000 | 200 PAULHAN STREET |
| 14 Aug 2020 | £101,921 | £85,000 | 192 PAULHAN STREET |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 7 Aug 2015. Using an estimated price of £111,407 means this house is valued at £920 per sq meter (£85 per sq foot).
The average size of a house on LEE AVENUE is 86 sq meters (929 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,302 sq feet).