£119,247
This estimated value is based upon the latest sale price for the house of £75,000 on 22 May 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£75,000 | 22 May 2008 |
£54,000 | 12 Aug 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 May 2008 the House Price Index for GREATER MANCHESTER was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £75,000 results in an estimated price of approximately £119,247.
22 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.5 | 148.6 | 58.996 % | £75,000 | £44,247 | £119,247 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 13.518 % | £10,138 | £85,138 |
3 Month Average | 14.912 % | £11,184 | £86,184 |
6 Month Average | 16.104 % | £12,078 | £87,078 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £148,600 | £146,000 | 5 KINGSNORTH CLOSE |
26 Nov 2021 | £83,817 | £77,500 | 22 GLENTHORNE STREET |
27 Sep 2021 | £145,475 | £135,000 | 43 MAPLEWOOD GARDENS |
13 Nov 2020 | £162,310 | £140,000 | 7 WESTWELL GARDENS |
7 Oct 2020 | £99,712 | £85,000 | 125 BLACKBURN ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 22 Oct 2015. Using an estimated price of £119,247 means this house is valued at £2,249 per sq meter (£209 per sq foot).
The average size of a house on MAPLEWOOD HOUSE is 50 sq meters (538 sq feet).
This house is the largest in the street with a floor area of 53 sq meters (570 sq feet).