£360,324
This estimated value is based upon the latest sale price for the house of £210,000 on 26 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 |
|---|---|
| £210,000 | 26 Feb 2010 |
| £127,500 | 5 Jul 2002 |
| 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 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 £210,000 results in an estimated price of approximately £360,324.
| 26 Feb 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.583 % | £210,000 | £150,324 | £360,324 |
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 % | £144,705 | £354,705 |
| 3 Month Average | 54.192 % | £113,802 | £323,802 |
| 6 Month Average | 57.118 % | £119,948 | £329,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £277,032 | £270,000 | 4 CAMBOURNE DRIVE |
| 27 Oct 2023 | £284,972 | £278,500 | 23 SANDRAY CLOSE |
| 2 Oct 2023 | £368,366 | £360,000 | 2 CAMBOURNE DRIVE |
| 17 Aug 2023 | £246,445 | £242,000 | 6 GLENSHEE DRIVE |
| 7 Aug 2023 | £300,418 | £295,000 | 15 LAKELANDS DRIVE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 15 Aug 2019. Using an estimated price of £360,325 means this house is valued at £3,792 per sq meter (£352 per sq foot).
The average size of a house on ARMADALE ROAD is 121 sq meters (1,308 sq feet).