£103,386
This estimated value is based upon the latest sale price for the house of £82,500 on 9 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£82,500 | 9 Mar 2018 |
£66,000 | 7 Jul 2010 |
Terraced |
Leasehold |
Floor Area: 69 sq meters or 748 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 March 2018 the House Price Index for GREATER MANCHESTER was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £82,500 results in an estimated price of approximately £103,386.
9 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £82,500 | £20,886 | £103,386 |
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 | 29.094 % | £24,002 | £106,502 |
3 Month Average | 41.885 % | £34,555 | £117,055 |
6 Month Average | 43.200 % | £35,640 | £118,140 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £140,000 | £140,000 | 7 SINGLETON AVENUE |
14 Aug 2023 | £121,059 | £120,000 | 834 BURY ROAD |
8 Nov 2022 | £151,119 | £152,950 | 78 GARSTANG AVENUE |
6 Jul 2022 | £11,525 | £11,494 | 846 BURY ROAD |
6 Dec 2021 | £616 | £575 | 68 GARSTANG AVENUE |
This house has a floor area of 69 sq meters or 748 sq feet when measured on 19 May 2010. Using an estimated price of £103,387 means this house is valued at £1,485 per sq meter (£138 per sq foot).
The average size of a house on BOWGREAVE AVENUE is 87 sq meters (939 sq feet).