£166,995
This estimated value is based upon the latest sale price for the house of £103,200 on 5 Apr 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £103,200 | 5 Apr 2007 |
| £25,000 | 29 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 April 2007 the House Price Index for GREATER MANCHESTER was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £103,200 results in an estimated price of approximately £166,995.
| 5 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £103,200 | £63,795 | £166,995 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 73.715 % | £76,074 | £179,274 |
| 3 Month Average | 58.220 % | £60,082 | £163,282 |
| 6 Month Average | 60.080 % | £62,002 | £165,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £145,698 | £142,000 | 18 BOWNESS ROAD |
| 16 Nov 2023 | £236,503 | £230,500 | 3 BORROWDALE CRESCENT |
| 27 Oct 2023 | £168,835 | £165,000 | 45 BOWNESS ROAD |
| 23 Oct 2023 | £187,816 | £183,550 | 31 KESWICK AVENUE |
| 7 Aug 2023 | £178,214 | £175,000 | 22 LAKESIDE AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 22 Mar 2013. Using an estimated price of £166,996 means this house is valued at £1,897 per sq meter (£176 per sq foot).
The average size of a house on BORROWDALE CRESCENT is 88 sq meters (949 sq feet).