£80,708
This estimated value is based upon the latest sale price for the house of £47,500 on 9 Mar 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £47,500 | 9 Mar 2010 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 644 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 2010 the House Price Index for GREATER MANCHESTER was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.912%.Applying this 69.912% change to the original purchase price of £47,500 results in an estimated price of approximately £80,708.
| 9 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.912 % | £47,500 | £33,208 | £80,708 |
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 | 39.016 % | £18,532 | £66,032 |
| 3 Month Average | 54.618 % | £25,943 | £73,443 |
| 6 Month Average | 58.116 % | £27,605 | £75,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £167,938 | £165,000 | 11 RAMWELL GARDENS |
| 21 Oct 2022 | £59,361 | £60,000 | 8 FERN STREET |
| 29 Jul 2022 | £120,324 | £120,000 | 54 ALBERTA STREET |
| 21 Apr 2022 | £91,652 | £89,000 | 12 FERN STREET |
| 3 Mar 2022 | £140,932 | £136,000 | 49 BANKFIELD STREET |
This house has a floor area of 59 sq meters or 644 sq feet when measured on 20 Jan 2010. Using an estimated price of £80,708 means this house is valued at £1,346 per sq meter (£125 per sq foot).
The average size of a house on ALBERTA STREET is 77 sq meters (834 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (644 sq feet).