£313,496
This estimated value is based upon the latest sale price for the house of £72,500 on 20 Aug 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£72,500 | 20 Aug 1999 |
Semi-Detached |
Leasehold |
Floor Area: 107 sq meters or 1,151 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 August 1999 the House Price Index for GREATER MANCHESTER was 34.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 332.409%.Applying this 332.409% change to the original purchase price of £72,500 results in an estimated price of approximately £313,496.
20 Aug 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.6 | 149.7 | 332.409 % | £72,500 | £240,996 | £313,496 |
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 | 184.006 % | £133,404 | £205,904 |
3 Month Average | 305.694 % | £221,628 | £294,128 |
6 Month Average | 282.410 % | £204,747 | £277,247 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £258,243 | £256,000 | 8 LINKS ROAD |
1 Dec 2023 | £211,499 | £205,000 | 1 FAIRWAY AVENUE |
29 Sep 2023 | £222,914 | £218,000 | 15 BRAMHALL AVENUE |
16 Jun 2023 | £113,270 | £111,000 | 24 LINKS ROAD |
31 Aug 2022 | £261,221 | £260,000 | 14 LINKS ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 13 Mar 2020. Using an estimated price of £313,496 means this house is valued at £2,929 per sq meter (£272 per sq foot).
The average size of a house on LINKS ROAD is 82 sq meters (887 sq feet).