£180,892
This estimated value is based upon the latest sale price for the house of £32,000 on 20 May 1996. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £32,000 | 20 May 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 May 1996 the House Price Index for GREATER MANCHESTER was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £32,000 results in an estimated price of approximately £180,892.
| 20 May 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 465.290 % | £32,000 | £148,892 | £180,892 |
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 | 393.952 % | £126,064 | £158,064 |
| 3 Month Average | 363.237 % | £116,235 | £148,235 |
| 6 Month Average | 379.981 % | £121,593 | £153,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £134,121 | £130,000 | 21 GLEN AVENUE |
| 15 Dec 2023 | £138,248 | £134,000 | 18 RYLEY AVENUE |
| 23 Oct 2023 | £186,741 | £182,500 | 17 SUNADALE CLOSE |
| 14 Sep 2023 | £168,719 | £165,000 | 6 HAWTHORNE ROAD |
| 24 Apr 2023 | £127,383 | £125,000 | 2 CLUNTON AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 1 Sep 2016. Using an estimated price of £180,893 means this house is valued at £2,699 per sq meter (£250 per sq foot).
There is one other house on the street which we know the size of, this is 5 GREENBANK ROAD it is 63.0