£112,804
This estimated value is based upon the latest sale price for the house of £66,000 on 5 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £66,000 | 5 Mar 2012 |
| £50,000 | 28 Mar 2008 |
| £20,000 | 29 Sep 1995 |
| Terraced |
| Leasehold |
| Floor Area: 108 sq meters or 1,162 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 March 2012 the House Price Index for GREATER MANCHESTER was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £66,000 results in an estimated price of approximately £112,804.
| 5 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £66,000 | £46,804 | £112,804 |
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 | 69.465 % | £45,847 | £111,847 |
| 3 Month Average | 60.138 % | £39,690 | £105,690 |
| 6 Month Average | 69.913 % | £46,142 | £112,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £110,971 | £110,000 | 8 FAIR STREET |
| 27 Jun 2023 | £113,373 | £112,000 | 15 FAIR STREET |
| 31 Mar 2023 | £118,618 | £117,500 | 19 UGANDA STREET |
| 13 Jul 2022 | £90,243 | £90,000 | 21 UGANDA STREET |
| 28 Apr 2022 | £89,078 | £86,500 | 1 UGANDA STREET |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 3 Dec 2021. Using an estimated price of £112,805 means this house is valued at £1,044 per sq meter (£97 per sq foot).
The average size of a house on LEVER EDGE LANE is 100 sq meters (1,083 sq feet).