£183,931
This estimated value is based upon the latest sale price for the house of £180,000 on 16 Jun 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £180,000 | 16 Jun 2022 |
| £124,000 | 10 May 2019 |
| 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 June 2022 the House Price Index for GREATER MANCHESTER was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £180,000 results in an estimated price of approximately £183,931.
| 16 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £180,000 | £3,931 | £183,931 |
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 | 50.563 % | £91,012 | £271,012 |
| 3 Month Average | 21.337 % | £38,405 | £218,405 |
| 6 Month Average | 18.688 % | £33,637 | £213,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £82,000 | £82,000 | 3 GROSVENOR GARDENS, 513 RADCLIFFE ROAD |
| 31 Aug 2023 | £81,469 | £80,000 | 505 RADCLIFFE ROAD |
| 30 Aug 2023 | £140,535 | £138,000 | 173 LONG LANE |
| 28 Apr 2023 | £141,140 | £138,500 | 49 REDCEDAR PARK |
| 15 Mar 2023 | £95,088 | £93,500 | 8 GROSVENOR GARDENS, 513 RADCLIFFE ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 28 Sep 2012. Using an estimated price of £183,932 means this house is valued at £2,665 per sq meter (£247 per sq foot).
The average size of a house on REDCEDAR PARK is 88 sq meters (948 sq feet).