£125,546
This estimated value is based upon the latest sale price for the house of £27,950 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 |
---|---|
£27,950 | 30 Apr 1999 |
£25,000 | 16 Oct 1998 |
Terraced |
Leasehold |
Floor Area: 107 sq meters or 1,151 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 £27,950 results in an estimated price of approximately £125,546.
30 Apr 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.3 | 149.7 | 349.184 % | £27,950 | £97,596 | £125,546 |
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 % | £55,811 | £83,761 |
3 Month Average | 352.646 % | £98,564 | £126,514 |
6 Month Average | 315.730 % | £88,246 | £116,196 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £142,185 | £140,000 | 7 SINGLETON AVENUE |
20 Oct 2023 | £5,013,875 | £4,900,000 | UNIT 1 BURY INDUSTRIAL ESTATE |
14 Aug 2023 | £122,204 | £120,000 | 834 BURY ROAD |
8 Nov 2022 | £152,238 | £152,950 | 78 GARSTANG AVENUE |
6 Jul 2022 | £11,610 | £11,494 | 846 BURY ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 2 Jul 2014. Using an estimated price of £125,547 means this house is valued at £1,173 per sq meter (£109 per sq foot).
The average size of a house on BOWGREAVE AVENUE is 87 sq meters (939 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,151 sq feet).