£53,820
This estimated value is based upon the latest sale price for the house of £17,232 on 10 Jan 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£17,232 | 10 Jan 2002 |
Terraced |
Freehold |
Floor Area: 161 sq meters or 1,732 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 January 2002 the House Price Index for GREATER MANCHESTER was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £17,232 results in an estimated price of approximately £53,820.
10 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 148.6 | 212.329 % | £17,232 | £36,588 | £53,820 |
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 | 208.114 % | £35,862 | £53,094 |
3 Month Average | 272.937 % | £47,032 | £64,264 |
6 Month Average | 275.206 % | £47,423 | £64,655 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £142,104 | £140,000 | 40 RIBBLESDALE ROAD |
8 Feb 2023 | £84,943 | £85,000 | 23 MANCROFT AVENUE |
4 Dec 2020 | £114,771 | £100,000 | 24 RIBBLESDALE ROAD |
30 Jul 2020 | £66,506 | £55,000 | 470 BRIDGEMAN STREET |
20 May 2020 | £207,941 | £170,000 | 142 MANCROFT AVENUE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 21 Jul 2015. Using an estimated price of £53,821 means this house is valued at £334 per sq meter (£31 per sq foot).
The average size of a house on MANCROFT AVENUE is 101 sq meters (1,092 sq feet).
This house is the largest in the street with a floor area of 161 sq meters (1,732 sq feet).