£106,567
This estimated value is based upon the latest sale price for the house of £62,000 on 11 Apr 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £62,000 | 11 Apr 2012 |
| £50,000 | 7 Oct 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2012 the House Price Index for GREATER MANCHESTER was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.883%.Applying this 71.883% change to the original purchase price of £62,000 results in an estimated price of approximately £106,567.
| 11 Apr 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.883 % | £62,000 | £44,567 | £106,567 |
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 | 69.713 % | £43,222 | £105,222 |
| 3 Month Average | 74.328 % | £46,083 | £108,083 |
| 6 Month Average | 73.851 % | £45,787 | £107,787 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £81,469 | £80,000 | 505 RADCLIFFE ROAD |
| 16 Sep 2022 | £249,833 | £250,000 | 2 WHITEOAK VIEW |
| 16 Jun 2022 | £183,932 | £180,000 | 28 REDCEDAR PARK |
| 15 Oct 2021 | £187,264 | £168,000 | 23 RAIKES ROAD |
| 4 Oct 2021 | £117,040 | £105,000 | 428 RADCLIFFE ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 18 Dec 2013. Using an estimated price of £106,567 means this house is valued at £1,665 per sq meter (£154 per sq foot).
The average size of a house on RADCLIFFE ROAD is 75 sq meters (808 sq feet).