£247,721
This estimated value is based upon the latest sale price for the house of £145,000 on 25 Jun 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£145,000 | 25 Jun 2010 |
Detached |
Leasehold |
Floor Area: 75 sq meters or 816 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 2010 the House Price Index for GREATER MANCHESTER was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.842%.Applying this 70.842% change to the original purchase price of £145,000 results in an estimated price of approximately £247,721.
25 Jun 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.842 % | £145,000 | £102,721 | £247,721 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 24.000 % | £34,799 | £179,799 |
3 Month Average | 59.648 % | £86,489 | £231,489 |
6 Month Average | 53.498 % | £77,572 | £222,572 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £255,810 | £250,000 | 31 RAWLYN ROAD |
1 Sep 2023 | £265,861 | £260,000 | 27 RAWLYN ROAD |
23 Jun 2023 | £229,601 | £225,000 | 478 CHURCH ROAD |
1 Feb 2023 | £217,453 | £216,000 | 14 DOFFCOCKER LANE |
21 Jul 2022 | £279,299 | £276,500 | 25 RAWLYN ROAD |
This house has a floor area of 75 sq meters or 816 sq feet when measured on 29 Mar 2010. Using an estimated price of £247,721 means this house is valued at £3,265 per sq meter (£303 per sq foot).
The average size of a house on RAWLYN ROAD is 104 sq meters (1,119 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (816 sq feet).