£200,985
This estimated value is based upon the latest sale price for the house of £159,950 on 11 May 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£159,950 | 11 May 2018 |
Semi-Detached |
Leasehold |
Floor Area: 99 sq meters or 1,065 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 2018 the House Price Index for GREATER MANCHESTER was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £159,950 results in an estimated price of approximately £200,985.
11 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 149.7 | 25.655 % | £159,950 | £41,035 | £200,985 |
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 | 36.957 % | £59,112 | £219,062 |
3 Month Average | 43.712 % | £69,917 | £229,867 |
6 Month Average | 43.405 % | £69,426 | £229,376 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £186,621 | £185,000 | 16 HAMPTON ROAD |
28 Mar 2024 | £203,919 | £200,786 | 4 WALKER AVENUE |
17 Feb 2023 | £201,345 | £200,000 | 3 HAMPTON ROAD |
31 Jan 2023 | £185,496 | £185,000 | 13 WALKER AVENUE |
6 Jan 2023 | £255,683 | £255,000 | 9 LOWICK AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 16 Feb 2015. Using an estimated price of £200,986 means this house is valued at £2,030 per sq meter (£188 per sq foot).
The average size of a house on NEWPORT ROAD is 94 sq meters (1,021 sq feet).
This house is the largest in the street with a floor area of 99 sq meters (1,065 sq feet).