£221,582
This estimated value is based upon the latest sale price for the house of £98,950 on 10 Oct 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £98,950 | 10 Oct 2003 |
| Semi-Detached |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 October 2003 the House Price Index for GREATER MANCHESTER was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £98,950 results in an estimated price of approximately £221,582.
| 10 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £98,950 | £122,632 | £221,582 |
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 | 144.977 % | £143,455 | £242,405 |
| 3 Month Average | 183.084 % | £181,162 | £280,112 |
| 6 Month Average | 192.904 % | £190,878 | £289,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £307,692 | £305,000 | 19 BOSCOBEL ROAD |
| 28 Jul 2023 | £223,001 | £220,000 | 374 CRESCENT ROAD |
| 21 Apr 2023 | £111,197 | £110,000 | 9 SHELDON CLOSE |
| 26 Oct 2022 | £173,136 | £175,000 | 23 LYNWOOD AVENUE |
| 8 Jul 2022 | £165,445 | £165,000 | 365 CRESCENT ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 3 Oct 2014. Using an estimated price of £221,582 means this house is valued at £2,994 per sq meter (£278 per sq foot).
The average size of a house on WOODLAND AVENUE is 123 sq meters (1,329 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).