£142,485
This estimated value is based upon the latest sale price for the house of £120,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 11 Sep 2020 |
| Terraced |
| Leasehold |
| Floor Area: 111 sq meters or 1,194 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 2020 the House Price Index for GREATER MANCHESTER was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £120,000 results in an estimated price of approximately £142,485.
| 11 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £120,000 | £22,485 | £142,485 |
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 | 65.507 % | £78,608 | £198,608 |
| 3 Month Average | 29.811 % | £35,772 | £155,772 |
| 6 Month Average | 31.695 % | £38,034 | £158,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £109,473 | £108,000 | 73 CHURCH AVENUE |
| 16 Jun 2023 | £97,177 | £96,000 | 115 CHURCH AVENUE |
| 31 Mar 2023 | £186,760 | £185,000 | 107 - 109 CHURCH AVENUE |
| 12 Jan 2023 | £109,484 | £110,000 | 113 CHURCH AVENUE |
| 25 Jul 2022 | £91,246 | £91,000 | 34 ANGLIA GROVE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 27 Apr 2016. Using an estimated price of £142,486 means this house is valued at £1,283 per sq meter (£119 per sq foot).
The average size of a house on RANDAL STREET is 126 sq meters (1,363 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,194 sq feet).