£73,430
This estimated value is based upon the latest sale price for the house of £42,500 on 12 Sep 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£42,500 | 12 Sep 2011 |
Semi-Detached |
Leasehold |
Floor Area: 73 sq meters or 790 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 September 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £42,500 results in an estimated price of approximately £73,430.
12 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.778 % | £42,500 | £30,930 | £73,430 |
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 | 8.278 % | £3,517 | £46,017 |
3 Month Average | 52.954 % | £22,505 | £65,005 |
6 Month Average | 68.717 % | £29,204 | £71,704 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £152,254 | £150,000 | 46 DORCHESTER AVENUE |
22 Nov 2023 | £98,458 | £97,000 | 16 GRANTCHESTER WAY |
19 Sep 2023 | £207,655 | £205,000 | 96 RED LANE |
6 Apr 2023 | £126,361 | £125,000 | 10 BARCHESTER AVENUE |
17 Mar 2023 | £147,893 | £146,500 | 115 WINCHESTER WAY |
This house has a floor area of 73 sq meters or 790 sq feet when measured on 17 Mar 2011. Using an estimated price of £73,431 means this house is valued at £1,000 per sq meter (£92 per sq foot).
The average size of a house on PADBURY WAY is 91 sq meters (988 sq feet).