£131,423
This estimated value is based upon the latest sale price for the house of £128,000 on 6 May 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £128,000 | 6 May 2022 |
| £94,000 | 29 Sep 2006 |
| £38,000 | 8 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 674 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 May 2022 the House Price Index for GREATER MANCHESTER was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £128,000 results in an estimated price of approximately £131,423.
| 6 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £128,000 | £3,423 | £131,423 |
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 | -11.637 % | £-14,895 | £113,104 |
| 3 Month Average | 7.328 % | £9,379 | £137,379 |
| 6 Month Average | 8.681 % | £11,111 | £139,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £86,561 | £85,000 | 4 SOLENT DRIVE |
| 28 Feb 2023 | £100,672 | £100,000 | 13 SIDFORD CLOSE |
| 7 Nov 2022 | £167,218 | £168,000 | 327A RADCLIFFE ROAD |
| 13 Jul 2022 | £277,783 | £275,000 | WILKINSON HOUSE LEVER BRIDGE MILLS RADCLIFFE ROAD |
| 6 May 2022 | £131,424 | £128,000 | 7 SHANKLIN WALK |
This house has a floor area of 62 sq meters or 674 sq feet when measured on 3 Jun 2011. Using an estimated price of £131,424 means this house is valued at £2,098 per sq meter (£194 per sq foot).
There is one other house on the street which we know the size of, this is 9 SHANKLIN WALK it is 63.0