£150,698
This estimated value is based upon the latest sale price for the house of £85,000 on 23 Oct 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£85,000 | 23 Oct 2009 |
Semi-Detached |
Leasehold |
Floor Area: 80 sq meters or 869 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 2009 the House Price Index for GREATER MANCHESTER was 84.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.293%.Applying this 77.293% change to the original purchase price of £85,000 results in an estimated price of approximately £150,698.
23 Oct 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.4 | 149.7 | 77.293 % | £85,000 | £65,698 | £150,698 |
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 | 45.488 % | £38,664 | £123,664 |
3 Month Average | 87.394 % | £74,284 | £159,284 |
6 Month Average | 66.887 % | £56,854 | £141,854 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £163,221 | £159,950 | 60 ABINGDON ROAD |
24 Feb 2023 | £200,842 | £199,500 | 45 ARCHER AVENUE |
4 Feb 2022 | £258,832 | £245,000 | EASTFIELD FARM TURNER BRIDGE ROAD |
30 Sep 2021 | £113,985 | £105,000 | 213 TURNER BRIDGE ROAD |
21 Sep 2021 | £132,439 | £122,000 | 14 ABINGDON ROAD |
This house has a floor area of 80 sq meters or 869 sq feet when measured on 18 Dec 2008. Using an estimated price of £150,699 means this house is valued at £1,865 per sq meter (£173 per sq foot).
The average size of a house on ARCHER AVENUE is 93 sq meters (1,007 sq feet).