£102,188
This estimated value is based upon the latest sale price for the house of £69,500 on 1 May 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£69,500 | 1 May 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 May 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £69,500 results in an estimated price of approximately £102,188.
1 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 149.7 | 47.034 % | £69,500 | £32,688 | £102,188 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 59.545 % | £41,383 | £110,883 |
3 Month Average | 61.817 % | £42,962 | £112,462 |
6 Month Average | 58.805 % | £40,869 | £110,369 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2023 | £86,561 | £85,000 | 4 SOLENT DRIVE |
28 Feb 2023 | £100,672 | £100,000 | 13 SIDFORD CLOSE |
13 Jul 2022 | £277,783 | £275,000 | WILKINSON HOUSE LEVER BRIDGE MILLS RADCLIFFE ROAD |
6 May 2022 | £131,424 | £128,000 | 7 SHANKLIN WALK |
14 Jan 2022 | £254,448 | £240,000 | 52 SOLENT DRIVE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 20 Jan 2015. Using an estimated price of £102,189 means this house is valued at £2,043 per sq meter (£189 per sq foot).
The average size of a house on SOLENT DRIVE is 63 sq meters (687 sq feet).