£138,437
This estimated value is based upon the latest sale price for the house of £113,500 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £113,500 | 31 Jan 2020 |
| £115,000 | 25 Oct 2007 |
| £99,000 | 31 Jan 2006 |
| Terraced |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 January 2020 the House Price Index for GREATER MANCHESTER was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £113,500 results in an estimated price of approximately £138,437.
| 31 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £113,500 | £24,937 | £138,437 |
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 | -18.609 % | £-21,121 | £92,378 |
| 3 Month Average | 25.437 % | £28,870 | £142,370 |
| 6 Month Average | 36.669 % | £41,619 | £155,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £121,059 | £120,000 | 23 CROMPTON AVENUE |
| 11 Aug 2023 | £171,500 | £170,000 | 16 ST JAMES 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 87 sq meters or 936 sq feet when measured on 30 May 2019. Using an estimated price of £138,438 means this house is valued at £1,591 per sq meter (£147 per sq foot).
The average size of a house on GREGORY AVENUE is 83 sq meters (899 sq feet).