£147,187
This estimated value is based upon the latest sale price for the house of £86,000 on 8 Dec 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£86,000 | 8 Dec 2010 |
£87,000 | 8 Apr 2005 |
Terraced |
Leasehold |
Floor Area: 68 sq meters or 735 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 December 2010 the House Price Index for GREATER MANCHESTER was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £86,000 results in an estimated price of approximately £147,187.
8 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.8 | 148.6 | 71.148 % | £86,000 | £61,187 | £147,187 |
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 | 31.921 % | £27,452 | £113,452 |
3 Month Average | 51.379 % | £44,185 | £130,185 |
6 Month Average | 53.706 % | £46,187 | £132,187 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £216,897 | £215,000 | 10 WYNDHAM AVENUE |
3 Jul 2023 | £223,001 | £220,000 | 609 ST HELENS ROAD |
7 Oct 2022 | £196,385 | £198,500 | 6 WYNDHAM AVENUE |
11 Feb 2022 | £152,061 | £145,000 | 538 ST HELENS ROAD |
28 Jan 2022 | £194,695 | £185,000 | 261 LONGFIELD ROAD |
This house has a floor area of 68 sq meters or 735 sq feet when measured on 6 Jul 2010. Using an estimated price of £147,187 means this house is valued at £2,155 per sq meter (£200 per sq foot).
The average size of a house on LONGFIELD ROAD is 70 sq meters (755 sq feet).