£101,650
This estimated value is based upon the latest sale price for the house of £70,000 on 12 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £70,000 | 12 Jun 2015 |
| £22,600 | 1 Mar 1995 |
| Terraced |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 June 2015 the House Price Index for GREATER MANCHESTER was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £70,000 results in an estimated price of approximately £101,650.
| 12 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £70,000 | £31,650 | £101,650 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 99.524 % | £69,666 | £139,666 |
| 3 Month Average | 84.257 % | £58,980 | £128,980 |
| 6 Month Average | 66.646 % | £46,652 | £116,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £157,329 | £155,000 | 165 AINSWORTH LANE |
| 2 Jun 2023 | £146,778 | £145,000 | 178 AINSWORTH LANE |
| 30 Nov 2022 | £158,085 | £160,000 | 67 ROSSALL ROAD |
| 26 Aug 2022 | £87,764 | £88,000 | 6 ROSEACRE CLOSE |
| 29 Jul 2022 | £160,432 | £160,000 | 17 ARCHER AVENUE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 3 Mar 2015. Using an estimated price of £101,650 means this house is valued at £1,563 per sq meter (£145 per sq foot).
The average size of a house on AINSWORTH LANE is 79 sq meters (854 sq feet).