£166,406
This estimated value is based upon the latest sale price for the house of £121,000 on 1 Feb 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £121,000 | 1 Feb 2016 |
| £175,000 | 7 Nov 2006 |
| £175,000 | 7 Nov 2006 |
| Terraced |
| Leasehold |
| Floor Area: 122 sq meters or 1,313 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 2016 the House Price Index for GREATER MANCHESTER was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £121,000 results in an estimated price of approximately £166,406.
| 1 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £121,000 | £45,406 | £166,406 |
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 | 35.000 % | £42,349 | £163,349 |
| 3 Month Average | 52.735 % | £63,809 | £184,809 |
| 6 Month Average | 47.649 % | £57,654 | £178,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £160,465 | £158,000 | 8 ANFIELD ROAD |
| 10 Nov 2023 | £107,735 | £105,000 | 41A LEVER EDGE LANE |
| 2 Nov 2023 | £131,539 | £128,200 | 10 AINSDALE ROAD |
| 9 Oct 2023 | £127,905 | £125,000 | 52 AINSDALE ROAD |
| 10 Aug 2023 | £127,296 | £125,000 | 5 MILFORD ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 16 Dec 2015. Using an estimated price of £166,406 means this house is valued at £1,363 per sq meter (£126 per sq foot).
The average size of a house on LEVER EDGE LANE is 100 sq meters (1,083 sq feet).