£188,494
This estimated value is based upon the latest sale price for the house of £33,200 on 23 Feb 1996. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£33,200 | 23 Feb 1996 |
Terraced |
Leasehold |
Floor Area: 137 sq meters or 1,474 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 1996 the House Price Index for GREATER MANCHESTER was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.Applying this 467.755% change to the original purchase price of £33,200 results in an estimated price of approximately £188,494.
23 Feb 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 149.7 | 467.755 % | £33,200 | £155,294 | £188,494 |
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 | 383.965 % | £127,476 | £160,676 |
3 Month Average | 409.017 % | £135,793 | £168,993 |
6 Month Average | 385.501 % | £127,986 | £161,186 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £143,646 | £140,000 | 40 RIBBLESDALE ROAD |
25 Feb 2022 | £116,210 | £110,000 | 26 PIKE ROAD |
1 Nov 2021 | £108,952 | £100,000 | 42 BOWNESS ROAD |
23 Dec 2020 | £183,259 | £158,500 | 424 BRIDGEMAN STREET |
4 Dec 2020 | £115,621 | £100,000 | 24 RIBBLESDALE ROAD |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 2 Nov 2016. Using an estimated price of £188,495 means this house is valued at £1,375 per sq meter (£127 per sq foot).
The average size of a house on BRIDGEMAN STREET is 82 sq meters (883 sq feet).