£1,450
This estimated value is based upon the latest sale price for the house of £1,170 on 5 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £1,170 | 5 Aug 2019 |
| £110,000 | 17 Mar 2017 |
| £160,000 | 13 Apr 2006 |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2019 the House Price Index for GREATER MANCHESTER was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £1,170 results in an estimated price of approximately £1,450.
| 5 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £1,170 | £280 | £1,450 |
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 | 65.069 % | £761 | £1,931 |
| 3 Month Average | 32.385 % | £378 | £1,548 |
| 6 Month Average | 20.815 % | £243 | £1,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £293,962 | £286,500 | 78 THORNHAM DRIVE |
| 6 Jul 2022 | £212,126 | £210,000 | 11 LANGHAM CLOSE |
| 20 Apr 2022 | £248,981 | £240,000 | 58 THORNHAM DRIVE |
| 25 Mar 2022 | £176,947 | £169,500 | 106 THORNHAM DRIVE |
| 1 Mar 2022 | £229,665 | £220,000 | 15 LANGHAM CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 25 Mar 2015. Using an estimated price of £1,450 means this house is valued at £16 per sq meter (£1 per sq foot).
The average size of a house on ASHFIELD GROVE is 87 sq meters (942 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).