£127,656
This estimated value is based upon the latest sale price for the house of £128,000 on 22 Aug 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 | 22 Aug 2022 |
| £100,000 | 9 Oct 2020 |
| £88,500 | 14 Jun 2016 |
| £78,000 | 18 Jun 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 August 2022 the House Price Index for GREATER MANCHESTER was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £128,000 results in an estimated price of approximately £127,656.
| 22 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £128,000 | £-343 | £127,656 |
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 | -17.182 % | £-21,993 | £106,006 |
| 3 Month Average | -1.352 % | £-1,731 | £126,268 |
| 6 Month Average | 1.887 % | £2,415 | £130,415 |
| 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 62 sq meters or 667 sq feet when measured on 23 Jul 2020. Using an estimated price of £127,656 means this house is valued at £2,058 per sq meter (£191 per sq foot).
The average size of a house on RADCLIFFE ROAD is 75 sq meters (807 sq feet).