£105,963
This estimated value is based upon the latest sale price for the house of £76,000 on 7 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £76,000 | 7 Dec 2015 |
| £90,000 | 25 May 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £76,000 results in an estimated price of approximately £105,963.
| 7 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £76,000 | £29,963 | £105,963 |
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 | 19.522 % | £14,837 | £90,837 |
| 3 Month Average | 53.464 % | £40,632 | £116,632 |
| 6 Month Average | 47.035 % | £35,746 | £111,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £112,732 | £111,000 | 19 TINTERN AVENUE |
| 20 Oct 2023 | £179,067 | £175,000 | 21 FOUNTAINS AVENUE |
| 21 Sep 2023 | £127,818 | £125,000 | 26 LE GENDRE STREET |
| 15 Sep 2023 | £189,170 | £185,000 | 286 CROMPTON WAY |
| 8 Sep 2023 | £173,832 | £170,000 | 17 TINTERN AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 24 Jun 2015. Using an estimated price of £105,964 means this house is valued at £1,292 per sq meter (£120 per sq foot).
The average size of a house on CROMPTON WAY is 101 sq meters (1,096 sq feet).