£91,726
This estimated value is based upon the latest sale price for the house of £57,500 on 7 Feb 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £57,500 | 7 Feb 2014 |
| £62,000 | 25 May 2006 |
| £39,950 | 19 Dec 2003 |
| £18,995 | 11 Oct 1996 |
| Terraced |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 February 2014 the House Price Index for GREATER MANCHESTER was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £57,500 results in an estimated price of approximately £91,726.
| 7 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £57,500 | £34,226 | £91,726 |
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 | 47.561 % | £27,347 | £84,847 |
| 3 Month Average | 63.678 % | £36,614 | £94,114 |
| 6 Month Average | 77.459 % | £44,538 | £102,038 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £98,782 | £97,000 | 122 HULTON LANE |
| 13 Jun 2023 | £142,863 | £140,000 | 73 HULTON LANE |
| 24 Feb 2023 | £131,579 | £130,700 | 90 HULTON LANE |
| 27 Jul 2022 | £186,872 | £185,000 | 6 HARBURY CLOSE |
| 22 Jul 2022 | £200,004 | £198,000 | 17 HARBURY CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 16 Aug 2013. Using an estimated price of £91,727 means this house is valued at £1,389 per sq meter (£129 per sq foot).
The average size of a house on MALTON AVENUE is 91 sq meters (986 sq feet).