£79,023
This estimated value is based upon the latest sale price for the house of £32,250 on 28 Feb 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£32,250 | 28 Feb 2003 |
Terraced |
Leasehold |
Floor Area: 45 sq meters or 484 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 February 2003 the House Price Index for GREATER MANCHESTER was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £32,250 results in an estimated price of approximately £79,023.
28 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.6 | 148.6 | 145.035 % | £32,250 | £46,773 | £79,023 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 244.330 % | £78,796 | £111,046 |
3 Month Average | 253.664 % | £81,806 | £114,056 |
6 Month Average | 242.145 % | £78,091 | £110,341 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £125,699 | £123,500 | 57 AINSWORTH LANE |
24 Aug 2023 | £90,794 | £90,000 | 49 AINSWORTH LANE |
23 Aug 2023 | £159,394 | £158,000 | 2A SHIREBURN AVENUE |
16 Aug 2023 | £131,944 | £130,790 | 14 SKIPTON STREET |
1 Aug 2022 | £239,356 | £240,000 | 59 AINSWORTH LANE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 9 Sep 2016. Using an estimated price of £79,024 means this house is valued at £1,756 per sq meter (£163 per sq foot).
The average size of a house on AINSWORTH LANE is 79 sq meters (854 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (484 sq feet).