£297,278
This estimated value is based upon the latest sale price for the house of £239,950 on 13 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £239,950 | 13 Jun 2018 |
| £82,000 | 16 May 1995 |
| Detached |
| Leasehold |
| Floor Area: 88 sq meters or 954 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 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £239,950 results in an estimated price of approximately £297,278.
| 13 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £239,950 | £57,328 | £297,278 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 52.521 % | £126,023 | £365,973 |
| 3 Month Average | 24.047 % | £57,699 | £297,649 |
| 6 Month Average | 35.698 % | £85,657 | £325,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £210,992 | £207,000 | 44 DARLINGTON CLOSE |
| 22 Feb 2023 | £222,946 | £224,000 | 46 DARLINGTON CLOSE |
| 17 Feb 2023 | £149,294 | £150,000 | 304 TOTTINGTON ROAD |
| 13 Jan 2022 | £110,581 | £105,500 | 2 WALMSLEY STREET |
| 7 Dec 2021 | £514,852 | £482,500 | 14 DARLINGTON CLOSE |
This house has a floor area of 88 sq meters or 954 sq feet when measured on 3 Oct 2011. Using an estimated price of £297,279 means this house is valued at £3,352 per sq meter (£311 per sq foot).
The average size of a house on VALLEY AVENUE is 118 sq meters (1,270 sq feet).