£92,749
This estimated value is based upon the latest sale price for the house of £75,000 on 27 Apr 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £75,000 | 27 Apr 2020 |
| £63,000 | 25 Oct 2013 |
| Terraced |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 2020 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £75,000 results in an estimated price of approximately £92,749.
| 27 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £75,000 | £17,749 | £92,749 |
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 | 13.403 % | £10,052 | £85,052 |
| 3 Month Average | 32.416 % | £24,311 | £99,311 |
| 6 Month Average | 29.707 % | £22,280 | £97,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £145,000 | £145,000 | 50 MELBOURNE ROAD |
| 12 Apr 2024 | £141,226 | £140,000 | 8 PENARTH ROAD |
| 8 Mar 2024 | £132,028 | £130,000 | 2 PENARTH ROAD |
| 15 Dec 2023 | £151,660 | £147,000 | 20 PENARTH ROAD |
| 20 Nov 2023 | £92,344 | £90,000 | 10 MELBOURNE ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 10 Oct 2013. Using an estimated price of £92,750 means this house is valued at £1,344 per sq meter (£124 per sq foot).
The average size of a house on PENARTH ROAD is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Constance Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Constance Road |