£224,412
This estimated value is based upon the latest sale price for the house of £42,051 on 22 Jan 1997. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£42,051 | 22 Jan 1997 |
Semi-Detached |
Leasehold |
Floor Area: 95 sq meters or 1,022 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 January 1997 the House Price Index for GREATER MANCHESTER was 27.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 433.667%.Applying this 433.667% change to the original purchase price of £42,051 results in an estimated price of approximately £224,412.
22 Jan 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.8 | 148.6 | 433.667 % | £42,051 | £182,361 | £224,412 |
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 | 291.750 % | £122,683 | £164,734 |
3 Month Average | 340.424 % | £143,151 | £185,202 |
6 Month Average | 359.230 % | £151,059 | £193,110 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £144,641 | £142,500 | 18 ROSENEATH ROAD |
4 Aug 2023 | £168,474 | £167,000 | 356 LEVER EDGE LANE |
8 Feb 2023 | £205,861 | £206,000 | 38 ROSENEATH ROAD |
28 Jul 2022 | £150,405 | £150,000 | 29 CHELSEA ROAD |
15 Jun 2022 | £142,007 | £140,000 | 57 ROSENEATH ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 29 Oct 2021. Using an estimated price of £224,412 means this house is valued at £2,362 per sq meter (£219 per sq foot).
The average size of a house on LEVER EDGE LANE is 100 sq meters (1,083 sq feet).