£86,580
This estimated value is based upon the latest sale price for the house of £50,000 on 27 Jan 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £50,000 | 27 Jan 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 January 2012 the House Price Index for GREATER MANCHESTER was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £50,000 results in an estimated price of approximately £86,580.
| 27 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £50,000 | £36,580 | £86,580 |
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 | 82.287 % | £41,143 | £91,143 |
| 3 Month Average | 61.603 % | £30,801 | £80,801 |
| 6 Month Average | 48.535 % | £24,267 | £74,267 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £63,048 | £62,500 | 125 WATERSIDE GARDENS |
| 21 Mar 2024 | £94,197 | £92,750 | 54 WATERSIDE GARDENS |
| 20 Dec 2023 | £108,329 | £105,000 | 62 WATERSIDE GARDENS |
| 8 Dec 2023 | £104,821 | £101,600 | 64 WATERSIDE GARDENS |
| 31 Mar 2023 | £96,613 | £95,000 | 14 WATERSIDE GARDENS |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 4 Dec 2018. Using an estimated price of £86,580 means this house is valued at £2,111 per sq meter (£196 per sq foot).
The average size of a house on WATERSIDE GARDENS is 58 sq meters (627 sq feet).