£111,838
This estimated value is based upon the latest sale price for the house of £84,000 on 10 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£84,000 | 10 Aug 2016 |
£87,000 | 1 Jul 2008 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 August 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £84,000 results in an estimated price of approximately £111,838.
10 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.141 % | £84,000 | £27,838 | £111,838 |
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 | -8.647 % | £-7,263 | £76,736 |
3 Month Average | 25.102 % | £21,085 | £105,085 |
6 Month Average | 33.721 % | £28,325 | £112,325 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £131,594 | £130,000 | 323 BLACKBURN ROAD |
3 Apr 2023 | £131,415 | £130,000 | 311 BLACKBURN ROAD |
25 Aug 2022 | £349,060 | £350,000 | 363 BLACKBURN ROAD |
26 Nov 2021 | £136,271 | £126,000 | 18 CARDWELL GARDENS |
2 Jun 2021 | £96,563 | £90,000 | 12 CHESHAM AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 28 Jul 2016. Using an estimated price of £111,838 means this house is valued at £1,747 per sq meter (£162 per sq foot).
The average size of a house on CARDWELL GARDENS is 87 sq meters (936 sq feet).