£119,834
This estimated value is based upon the latest sale price for the house of £68,500 on 15 Jun 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£68,500 | 15 Jun 2006 |
Terraced |
Leasehold |
Floor Area: 71 sq meters or 764 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 2006 the House Price Index for GREATER MANCHESTER was 85.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.941%.Applying this 74.941% change to the original purchase price of £68,500 results in an estimated price of approximately £119,834.
15 Jun 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.6 | 149.7 | 74.941 % | £68,500 | £51,334 | £119,834 |
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 | 59.652 % | £40,861 | £109,361 |
3 Month Average | 59.845 % | £40,993 | £109,493 |
6 Month Average | 65.395 % | £44,795 | £113,295 |
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 |
28 Feb 2023 | £100,672 | £100,000 | 13 SIDFORD CLOSE |
9 Jan 2023 | £401,072 | £400,000 | 276 RADCLIFFE ROAD |
7 Nov 2022 | £167,218 | £168,000 | 327A RADCLIFFE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 19 Nov 2014. Using an estimated price of £119,835 means this house is valued at £1,687 per sq meter (£156 per sq foot).
The average size of a house on MAZE STREET is 86 sq meters (932 sq feet).