£84,423
This estimated value is based upon the latest sale price for the house of £51,000 on 19 Dec 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £51,000 | 19 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2006 the House Price Index for GREATER MANCHESTER was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £51,000 results in an estimated price of approximately £84,423.
| 19 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £51,000 | £33,423 | £84,423 |
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 | 8.303 % | £4,234 | £55,234 |
| 3 Month Average | 37.056 % | £18,898 | £69,898 |
| 6 Month Average | 45.285 % | £23,095 | £74,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £129,416 | £127,500 | 7 RUDFORD GARDENS |
| 14 Jul 2023 | £146,978 | £145,000 | 48 SANDHILL CLOSE |
| 14 Jun 2023 | £60,736 | £60,000 | 104 RISHTON LANE |
| 24 Feb 2023 | £111,925 | £112,000 | 6 SANDHILL CLOSE |
| 29 Jul 2022 | £140,378 | £140,000 | 18 DIVISION STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 17 Nov 2014. Using an estimated price of £84,423 means this house is valued at £1,279 per sq meter (£118 per sq foot).
There is one other house on the street which we know the size of, this is 18 FLITCROFT COURT it is 58.0