£156,140
This estimated value is based upon the latest sale price for the house of £91,000 on 11 Feb 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£91,000 | 11 Feb 2010 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,111 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 February 2010 the House Price Index for GREATER MANCHESTER was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.583%.Applying this 71.583% change to the original purchase price of £91,000 results in an estimated price of approximately £156,140.
11 Feb 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.583 % | £91,000 | £65,140 | £156,140 |
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 | 68.907 % | £62,705 | £153,705 |
3 Month Average | 54.192 % | £49,314 | £140,314 |
6 Month Average | 57.118 % | £51,977 | £142,977 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £132,028 | £130,000 | 2 PENARTH ROAD |
15 Dec 2023 | £151,660 | £147,000 | 20 PENARTH ROAD |
20 Nov 2023 | £92,344 | £90,000 | 10 MELBOURNE ROAD |
9 Aug 2023 | £91,653 | £90,000 | 306 WILLOWS LANE |
15 Mar 2023 | £76,274 | £75,000 | 312 WILLOWS LANE |
This house has a floor area of 103 sq meters or 1,111 sq feet when measured on 10 Aug 2009. Using an estimated price of £156,141 means this house is valued at £1,512 per sq meter (£140 per sq foot).
The average size of a house on WILLOWS LANE is 87 sq meters (940 sq feet).