£223,595
This estimated value is based upon the latest sale price for the house of £166,500 on 25 May 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £166,500 | 25 May 2016 |
| Semi-Detached |
| Leasehold |
| 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 May 2016 the House Price Index for GREATER MANCHESTER was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £166,500 results in an estimated price of approximately £223,595.
| 25 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £166,500 | £57,095 | £223,595 |
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 | 0.516 % | £859 | £167,359 |
| 3 Month Average | 51.835 % | £86,304 | £252,804 |
| 6 Month Average | 59.688 % | £99,380 | £265,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £221,942 | £220,000 | 7 BROOKFIELD AVENUE |
| 28 Apr 2023 | £241,601 | £239,000 | 1 KINGSBRIDGE AVENUE |
| 28 Apr 2023 | £254,743 | £252,000 | 12 NEWQUAY AVENUE |
| 10 Feb 2023 | £217,354 | £217,500 | 52 CHURCH STREET |
| 23 Nov 2022 | £222,307 | £225,000 | 10 DEVON DRIVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 21 Oct 2015. Using an estimated price of £223,595 means this house is valued at £3,387 per sq meter (£314 per sq foot).
There is one other house on the street which we know the size of, this is 7 SALCOMBE AVENUE it is 62.4