£105,719
This estimated value is based upon the latest sale price for the house of £79,000 on 23 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£79,000 | 23 Sep 2016 |
£82,000 | 28 Aug 2014 |
£99,000 | 9 Nov 2007 |
£95,000 | 7 Aug 2006 |
£60,000 | 12 Aug 2003 |
£43,000 | 23 Nov 2001 |
£36,000 | 3 Jan 1995 |
Terraced |
Leasehold |
Floor Area: 55 sq meters or 592 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 September 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £79,000 results in an estimated price of approximately £105,719.
23 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £79,000 | £26,719 | £105,719 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 49.069 % | £38,764 | £117,764 |
3 Month Average | 50.128 % | £39,601 | £118,601 |
6 Month Average | 49.048 % | £38,748 | £117,748 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Apr 2024 | £14,627 | £14,500 | LEVER BRIDGE GARAGE RADCLIFFE ROAD |
2 Aug 2023 | £86,561 | £85,000 | 4 SOLENT DRIVE |
9 Jan 2023 | £401,072 | £400,000 | 276 RADCLIFFE ROAD |
7 Nov 2022 | £167,218 | £168,000 | 327A RADCLIFFE ROAD |
17 Aug 2022 | £92,432 | £92,000 | 11 HACKEN LANE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 8 May 2014. Using an estimated price of £105,720 means this house is valued at £1,922 per sq meter (£178 per sq foot).
The average size of a house on RADCLIFFE ROAD is 75 sq meters (808 sq feet).