£114,211
This estimated value is based upon the latest sale price for the house of £92,000 on 2 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £92,000 | 2 Oct 2018 |
| £50,000 | 20 Oct 2017 |
| £53,000 | 3 Apr 2007 |
| £22,500 | 22 Nov 1996 |
| Terraced |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 October 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £92,000 results in an estimated price of approximately £114,211.
| 2 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £92,000 | £22,211 | £114,211 |
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 | -18.772 % | £-17,269 | £74,730 |
| 3 Month Average | 29.118 % | £26,788 | £118,788 |
| 6 Month Average | 31.355 % | £28,846 | £120,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £155,349 | £154,000 | 234 SETTLE STREET |
| 3 Feb 2022 | £66,557 | £63,000 | 3 COBHAM AVENUE |
| 1 Nov 2021 | £152,533 | £140,000 | 200 SETTLE STREET |
| 30 Jun 2021 | £151,321 | £140,000 | 176 PAULHAN STREET |
| 20 Aug 2020 | £163,072 | £135,000 | 200 PAULHAN STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 10 May 2013. Using an estimated price of £114,212 means this house is valued at £1,522 per sq meter (£141 per sq foot).
The average size of a house on LEE AVENUE is 86 sq meters (929 sq feet).