£130,581
This estimated value is based upon the latest sale price for the house of £75,000 on 4 Dec 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £75,000 | 4 Dec 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 50 sq meters or 538 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 December 2009 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £75,000 results in an estimated price of approximately £130,581.
| 4 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £75,000 | £55,581 | £130,581 |
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 | 25.963 % | £19,472 | £94,472 |
| 3 Month Average | 82.829 % | £62,122 | £137,122 |
| 6 Month Average | 63.113 % | £47,334 | £122,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £129,997 | £128,000 | 15 SCORTON AVENUE |
| 21 Sep 2023 | £139,066 | £136,000 | 28 BISPHAM AVENUE |
| 24 Mar 2023 | £259,331 | £255,000 | 184 BREIGHTMET DRIVE |
| 30 Nov 2022 | £114,465 | £115,000 | 11 SCORTON AVENUE |
| 6 Jun 2022 | £226,849 | £222,000 | 24 GLENCOE DRIVE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 29 Apr 2009. Using an estimated price of £130,582 means this house is valued at £2,611 per sq meter (£242 per sq foot).
There is one other house on the street which we know the size of, this is 2 SLAIDBURN AVENUE it is 85.0