£130,820
This estimated value is based upon the latest sale price for the house of £127,500 on 9 Nov 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£127,500 | 9 Nov 2023 |
£59,995 | 1 Mar 2004 |
£31,950 | 28 Aug 1998 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 632 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 November 2023 the House Price Index for GREATER MANCHESTER was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £127,500 results in an estimated price of approximately £130,820.
9 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £127,500 | £3,320 | £130,820 |
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 | 13.122 % | £16,730 | £144,230 |
3 Month Average | 9.446 % | £12,043 | £139,543 |
6 Month Average | 3.515 % | £4,482 | £131,982 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jun 2024 | £217,000 | £217,000 | 21 SANDHILL CLOSE |
27 Mar 2024 | £81,248 | £80,000 | 5 NANTWICH WALK |
9 Nov 2023 | £130,821 | £127,500 | 7 RUDFORD GARDENS |
24 Feb 2023 | £112,753 | £112,000 | 6 SANDHILL CLOSE |
29 Jul 2022 | £141,417 | £140,000 | 18 DIVISION STREET |
This house has a floor area of 58 sq meters or 632 sq feet when measured on 12 Dec 2008. Using an estimated price of £130,821 means this house is valued at £2,224 per sq meter (£206 per sq foot).
The average size of a house on RUDFORD GARDENS is 89 sq meters (959 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (632 sq feet).