£89,960
This estimated value is based upon the latest sale price for the house of £65,000 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £65,000 | 11 Dec 2015 |
| £40,000 | 4 Mar 2008 |
| £12,960 | 21 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 December 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £65,000 results in an estimated price of approximately £89,960.
| 11 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £65,000 | £24,960 | £89,960 |
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 | 8.366 % | £5,438 | £70,438 |
| 3 Month Average | 29.638 % | £19,264 | £84,264 |
| 6 Month Average | 47.783 % | £31,059 | £96,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £121,059 | £120,000 | 23 CROMPTON AVENUE |
| 18 Aug 2023 | £105,927 | £105,000 | 23 FAIRMOUNT AVENUE |
| 25 Jul 2023 | £126,705 | £125,000 | 4 GREGORY AVENUE |
| 14 Jul 2023 | £141,910 | £140,000 | 42 GREGORY AVENUE |
| 20 Apr 2023 | £171,850 | £170,000 | 43 GREGORY AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 18 Jun 2015. Using an estimated price of £89,961 means this house is valued at £1,322 per sq meter (£122 per sq foot).
The average size of a house on WITHINS DRIVE is 81 sq meters (878 sq feet).