£238,914
This estimated value is based upon the latest sale price for the house of £124,000 on 27 Aug 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £124,000 | 27 Aug 2004 |
| £39,000 | 15 Jun 2001 |
| Terraced |
| Leasehold |
| Floor Area: 98 sq meters or 1,054 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 August 2004 the House Price Index for GREATER MANCHESTER was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £124,000 results in an estimated price of approximately £238,914.
| 27 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £124,000 | £114,914 | £238,914 |
The Postcode Pricing Model uses changes in average sales price within the BL9 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 | 160.312 % | £198,786 | £322,786 |
| 3 Month Average | 103.696 % | £128,583 | £252,583 |
| 6 Month Average | 107.265 % | £133,008 | £257,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £185,370 | £183,000 | 4 EASTHAM AVENUE |
| 21 Mar 2023 | £201,902 | £200,000 | 2 LOSTOCK DRIVE |
| 22 Feb 2023 | £157,894 | £158,000 | 30 WOLSTENHOLME AVENUE |
| 3 Feb 2023 | £167,387 | £167,500 | 3 LOSTOCK DRIVE |
| 8 Jul 2022 | £120,324 | £120,000 | 2 EASTHAM AVENUE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 5 Jun 2015. Using an estimated price of £238,915 means this house is valued at £2,437 per sq meter (£226 per sq foot).
The average size of a house on WOLSTENHOLME AVENUE is 86 sq meters (929 sq feet).