£92,612
This estimated value is based upon the latest sale price for the house of £54,000 on 10 Feb 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £54,000 | 10 Feb 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 February 2012 the House Price Index for GREATER MANCHESTER was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £54,000 results in an estimated price of approximately £92,612.
| 10 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £54,000 | £38,612 | £92,612 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 38.101 % | £20,574 | £74,574 |
| 3 Month Average | 50.483 % | £27,260 | £81,260 |
| 6 Month Average | 50.622 % | £27,336 | £81,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £92,750 | £92,750 | 54 WATERSIDE GARDENS |
| 8 Dec 2023 | £103,409 | £101,600 | 64 WATERSIDE GARDENS |
| 31 Mar 2023 | £95,904 | £95,000 | 14 WATERSIDE GARDENS |
| 6 Mar 2023 | £89,846 | £89,000 | 45 WATERSIDE GARDENS |
| 15 Feb 2023 | £101,931 | £102,000 | 58 WATERSIDE GARDENS |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 5 Sep 2018. Using an estimated price of £92,612 means this house is valued at £2,374 per sq meter (£220 per sq foot).
The average size of a house on WATERSIDE GARDENS is 58 sq meters (627 sq feet).