£233,896
This estimated value is based upon the latest sale price for the house of £44,350 on 21 Mar 1997. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£44,350 | 21 Mar 1997 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 1997 the House Price Index for GREATER MANCHESTER was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 427.388%.Applying this 427.388% change to the original purchase price of £44,350 results in an estimated price of approximately £233,896.
21 Mar 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.4 | 149.7 | 427.388 % | £44,350 | £189,546 | £233,896 |
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 | 337.688 % | £149,764 | £194,114 |
3 Month Average | 337.167 % | £149,533 | £193,883 |
6 Month Average | 338.645 % | £150,189 | £194,539 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £170,231 | £165,000 | 8 CAVENDISH GARDENS |
10 Nov 2023 | £153,907 | £150,000 | 22 CAVENDISH GARDENS |
16 Dec 2021 | £124,336 | £115,200 | 6 HENLEY GROVE |
29 May 2020 | £114,598 | £93,000 | 159 ELLESMERE ROAD |
2 Mar 2020 | £269,364 | £222,000 | 198 ELLESMERE ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 20 Dec 2016. Using an estimated price of £233,897 means this house is valued at £3,654 per sq meter (£339 per sq foot).
The average size of a house on CAVENDISH GARDENS is 81 sq meters (874 sq feet).