£230,456
This estimated value is based upon the latest sale price for the house of £148,000 on 4 Apr 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£148,000 | 4 Apr 2014 |
£103,000 | 15 Aug 2005 |
Semi-Detached |
Leasehold |
Floor Area: 85 sq meters or 914 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 April 2014 the House Price Index for GREATER MANCHESTER was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £148,000 results in an estimated price of approximately £230,456.
4 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 148.6 | 55.714 % | £148,000 | £82,456 | £230,456 |
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 | 25.560 % | £37,828 | £185,828 |
3 Month Average | 45.971 % | £68,036 | £216,036 |
6 Month Average | 53.182 % | £78,709 | £226,709 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £140,000 | £140,000 | 7 SINGLETON AVENUE |
8 Sep 2023 | £157,007 | £155,000 | 57 FORTON AVENUE |
1 Mar 2023 | £141,332 | £140,000 | 17 RIBBLE AVENUE |
12 Jan 2023 | £186,123 | £187,000 | 35 FORTON AVENUE |
16 Nov 2022 | £158,085 | £160,000 | 8 FORTON AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 21 Oct 2013. Using an estimated price of £230,457 means this house is valued at £2,711 per sq meter (£251 per sq foot).
The average size of a house on FORTON AVENUE is 93 sq meters (1,005 sq feet).