£170,689
This estimated value is based upon the latest sale price for the house of £38,000 on 30 Apr 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £38,000 | 30 Apr 1999 |
| £18,000 | 29 Jan 1999 |
| Terraced |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 1999 the House Price Index for GREATER MANCHESTER was 33.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 349.184%.Applying this 349.184% change to the original purchase price of £38,000 results in an estimated price of approximately £170,689.
| 30 Apr 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 149.7 | 349.184 % | £38,000 | £132,689 | £170,689 |
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 | 199.684 % | £75,879 | £113,879 |
| 3 Month Average | 352.646 % | £134,005 | £172,005 |
| 6 Month Average | 315.730 % | £119,977 | £157,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £210,000 | £210,000 | 242 AINSWORTH LANE |
| 6 Dec 2023 | £116,582 | £113,000 | 196 AINSWORTH LANE |
| 14 Nov 2023 | £159,037 | £155,000 | 165 AINSWORTH LANE |
| 26 Oct 2023 | £138,137 | £135,000 | 260 AINSWORTH LANE |
| 19 Oct 2023 | £81,859 | £80,000 | 16 BRISTOL AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 13 Apr 2012. Using an estimated price of £170,690 means this house is valued at £2,338 per sq meter (£217 per sq foot).