£86,561
This estimated value is based upon the latest sale price for the house of £85,000 on 2 Aug 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £85,000 | 2 Aug 2023 |
| £82,500 | 2 Nov 2007 |
| £30,000 | 8 Mar 2004 |
| £29,000 | 18 Jul 2003 |
| Terraced |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2023 the House Price Index for GREATER MANCHESTER was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £85,000 results in an estimated price of approximately £86,561.
| 2 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £85,000 | £1,561 | £86,561 |
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 | 10.112 % | £8,594 | £93,594 |
| 3 Month Average | 8.424 % | £7,160 | £92,160 |
| 6 Month Average | 11.058 % | £9,399 | £94,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £86,561 | £85,000 | 4 SOLENT DRIVE |
| 28 Feb 2023 | £100,672 | £100,000 | 13 SIDFORD CLOSE |
| 13 Jul 2022 | £277,783 | £275,000 | WILKINSON HOUSE LEVER BRIDGE MILLS RADCLIFFE ROAD |
| 6 May 2022 | £131,424 | £128,000 | 7 SHANKLIN WALK |
| 14 Jan 2022 | £254,448 | £240,000 | 52 SOLENT DRIVE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 16 Jul 2020. Using an estimated price of £86,561 means this house is valued at £1,766 per sq meter (£164 per sq foot).
The average size of a house on SOLENT DRIVE is 63 sq meters (687 sq feet).