£129,972
This estimated value is based upon the latest sale price for the house of £123,500 on 18 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £123,500 | 18 Jan 2022 |
| £87,500 | 1 Dec 2016 |
| £94,000 | 28 Mar 2007 |
| £87,500 | 20 Jul 2005 |
| 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 January 2022 the House Price Index for GREATER MANCHESTER was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £123,500 results in an estimated price of approximately £129,972.
| 18 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £123,500 | £6,472 | £129,972 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | -41.873 % | £-51,713 | £71,786 |
| 3 Month Average | 27.862 % | £34,409 | £157,909 |
| 6 Month Average | 15.012 % | £18,539 | £142,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £76,127 | £75,000 | 888 BURY ROAD |
| 6 Jan 2023 | £174,180 | £175,000 | 10 TWISSE ROAD |
| 15 Jul 2022 | £121,327 | £121,000 | 38 RAWCLIFFE AVENUE |
| 6 Jul 2022 | £11,525 | £11,494 | 846 BURY ROAD |
| 17 Jun 2022 | £159,251 | £157,000 | 46 TARBET DRIVE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 7 Oct 2016. Using an estimated price of £129,972 means this house is valued at £2,030 per sq meter (£188 per sq foot).
The average size of a house on BROCK AVENUE is 88 sq meters (947 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).