£94,824
This estimated value is based upon the latest sale price for the house of £75,000 on 19 Jan 2018. 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 | 19 Jan 2018 |
| £55,000 | 31 Oct 2005 |
| £15,000 | 13 Oct 2000 |
| Terraced |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 2018 the House Price Index for GREATER MANCHESTER was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £75,000 results in an estimated price of approximately £94,824.
| 19 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £75,000 | £19,824 | £94,824 |
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 | 35.323 % | £26,492 | £101,492 |
| 3 Month Average | 58.824 % | £44,118 | £119,118 |
| 6 Month Average | 42.574 % | £31,930 | £106,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £142,185 | £140,000 | 9 WASDALE AVENUE |
| 27 Nov 2023 | £153,907 | £150,000 | 46 DORCHESTER AVENUE |
| 22 Nov 2023 | £99,526 | £97,000 | 16 GRANTCHESTER WAY |
| 29 Sep 2023 | £117,592 | £115,000 | 10 ASHNESS DRIVE |
| 19 Sep 2023 | £209,621 | £205,000 | 96 RED LANE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 25 Apr 2016. Using an estimated price of £94,825 means this house is valued at £1,436 per sq meter (£133 per sq foot).
The average size of a house on NEWBY ROAD is 87 sq meters (945 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).