£161,809
This estimated value is based upon the latest sale price for the house of £155,000 on 7 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£155,000 | 7 Mar 2022 |
£109,950 | 31 Oct 2016 |
Semi-Detached |
Leasehold |
Floor Area: 81 sq meters or 872 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 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £155,000 results in an estimated price of approximately £161,809.
7 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £155,000 | £6,809 | £161,809 |
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 | 19.201 % | £29,761 | £184,761 |
3 Month Average | 6.423 % | £9,955 | £164,955 |
6 Month Average | 23.716 % | £36,760 | £191,760 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £163,221 | £159,950 | 60 ABINGDON ROAD |
17 Feb 2023 | £170,640 | £169,500 | 18 ABINGDON ROAD |
10 Jun 2022 | £104,739 | £102,500 | 4 CROMER AVENUE |
14 Apr 2022 | £174,287 | £168,000 | 55 ABINGDON ROAD |
8 Mar 2022 | £151,370 | £145,000 | 26 CROMER AVENUE |
This house has a floor area of 81 sq meters or 872 sq feet when measured on 3 Feb 2012. Using an estimated price of £161,810 means this house is valued at £1,997 per sq meter (£185 per sq foot).
The average size of a house on ABINGDON ROAD is 80 sq meters (865 sq feet).