£93,769
This estimated value is based upon the latest sale price for the house of £50,000 on 17 Mar 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £50,000 | 17 Mar 2005 |
| Semi-Detached |
| Leasehold |
| Floor Area: 128 sq meters or 1,377 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 March 2005 the House Price Index for GREATER MANCHESTER was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £50,000 results in an estimated price of approximately £93,769.
| 17 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.538 % | £50,000 | £43,769 | £93,769 |
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 | 85.717 % | £42,858 | £92,858 |
| 3 Month Average | 93.319 % | £46,659 | £96,659 |
| 6 Month Average | 79.493 % | £39,746 | £89,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £203,919 | £200,786 | 4 WALKER AVENUE |
| 18 Mar 2024 | £88,358 | £87,000 | 124 PARKFIELD ROAD |
| 17 Aug 2023 | £147,663 | £145,000 | 19 FORESTER HILL AVENUE |
| 20 Jun 2023 | £155,108 | £152,000 | 24 FORESTER HILL AVENUE |
| 24 Mar 2023 | £130,682 | £128,500 | 5 SMEDLEY AVENUE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 6 Apr 2016. Using an estimated price of £93,769 means this house is valued at £732 per sq meter (£68 per sq foot).
The average size of a house on FORESTER HILL AVENUE is 115 sq meters (1,237 sq feet).
This house is the largest in the street with a floor area of 128 sq meters (1,377 sq feet).