£257,464
This estimated value is based upon the latest sale price for the house of £147,500 on 25 May 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £147,500 | 25 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2006 the House Price Index for GREATER MANCHESTER was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £147,500 results in an estimated price of approximately £257,464.
| 25 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £147,500 | £109,964 | £257,464 |
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 | 30.906 % | £45,585 | £193,085 |
| 3 Month Average | 60.181 % | £88,767 | £236,267 |
| 6 Month Average | 61.159 % | £90,209 | £237,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Sep 2022 | £282,717 | £285,000 | 14 ELDER DRIVE |
| 13 Jul 2022 | £195,526 | £195,000 | 2 MAPLE WALK |
| 30 Sep 2021 | £190,734 | £177,000 | 44 LAUREL AVENUE |
| 30 Sep 2021 | £290,950 | £270,000 | 11 LAUREL AVENUE |
| 29 Sep 2021 | £308,730 | £286,500 | 30 LAUREL AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 12 Jul 2013. Using an estimated price of £257,464 means this house is valued at £2,768 per sq meter (£257 per sq foot).
The average size of a house on MAPLE WALK is 120 sq meters (1,295 sq feet).