£175,795
This estimated value is based upon the latest sale price for the house of £135,000 on 27 Apr 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£135,000 | 27 Apr 2017 |
£129,950 | 15 Sep 2006 |
£53,950 | 16 Feb 2001 |
£51,000 | 19 Jan 2001 |
£44,125 | 20 Jan 1995 |
Semi-Detached |
Leasehold |
Floor Area: 59 sq meters or 635 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 April 2017 the House Price Index for GREATER MANCHESTER was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £135,000 results in an estimated price of approximately £175,795.
27 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 149.7 | 30.219 % | £135,000 | £40,795 | £175,795 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 53.474 % | £72,190 | £207,190 |
3 Month Average | 46.107 % | £62,244 | £197,244 |
6 Month Average | 47.725 % | £64,428 | £199,428 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £224,395 | £217,500 | 16 DOUGLAS AVENUE |
22 Nov 2023 | £446,330 | £435,000 | 21 PORTINSCALE CLOSE |
15 Sep 2023 | £224,959 | £220,000 | 44 DALTON STREET |
30 Aug 2023 | £208,765 | £205,000 | 77 NEWBOLD STREET |
8 Aug 2023 | £244,408 | £240,000 | 12 DOUGLAS AVENUE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 12 Jan 2017. Using an estimated price of £175,796 means this house is valued at £2,979 per sq meter (£276 per sq foot).
The average size of a house on ELTON BROOK CLOSE is 74 sq meters (805 sq feet).