£73,902
This estimated value is based upon the latest sale price for the house of £55,500 on 8 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £55,500 | 8 Jul 2016 |
| Terraced |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 July 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £55,500 results in an estimated price of approximately £73,902.
| 8 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £55,500 | £18,402 | £73,902 |
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 | 18.167 % | £10,082 | £65,582 |
| 3 Month Average | 33.506 % | £18,595 | £74,095 |
| 6 Month Average | 55.507 % | £30,806 | £86,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £269,719 | £265,000 | 94 CROMPTON WAY |
| 24 Nov 2023 | £289,283 | £285,000 | 37 STATON AVENUE |
| 21 Jun 2023 | £126,533 | £125,000 | 367 BURY ROAD |
| 28 Apr 2023 | £106,143 | £105,000 | 423 BURY ROAD |
| 13 Jan 2023 | £233,898 | £235,000 | 56 STATON AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 9 Aug 2016. Using an estimated price of £73,902 means this house is valued at £890 per sq meter (£82 per sq foot).
The average size of a house on STATON AVENUE is 91 sq meters (986 sq feet).