£197,039
This estimated value is based upon the latest sale price for the house of £110,000 on 3 Nov 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£110,000 | 3 Nov 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 660 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 2008 the House Price Index for GREATER MANCHESTER was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.126%.Applying this 79.126% change to the original purchase price of £110,000 results in an estimated price of approximately £197,039.
3 Nov 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.0 | 148.6 | 79.126 % | £110,000 | £87,039 | £197,039 |
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 | 31.966 % | £35,162 | £145,162 |
3 Month Average | 42.246 % | £46,470 | £156,470 |
6 Month Average | 39.481 % | £43,429 | £153,429 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £140,007 | £138,500 | 49 REDCEDAR PARK |
15 Mar 2023 | £94,389 | £93,500 | 8 GROSVENOR GARDENS, 513 RADCLIFFE ROAD |
16 Sep 2022 | £247,997 | £250,000 | 2 WHITEOAK VIEW |
22 Aug 2022 | £127,656 | £128,000 | 24 GROSVENOR GARDENS, 513 RADCLIFFE ROAD |
21 Jul 2021 | £54,590 | £47,500 | 51 REDCEDAR PARK |
This house has a floor area of 61 sq meters or 660 sq feet when measured on 27 Nov 2011. Using an estimated price of £197,039 means this house is valued at £3,212 per sq meter (£298 per sq foot).
The average size of a house on RADCLIFFE ROAD is 75 sq meters (807 sq feet).