£225,914
This estimated value is based upon the latest sale price for the house of £138,000 on 11 Jul 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £138,000 | 11 Jul 2008 |
| £93,500 | 20 Dec 2002 |
| £67,950 | 17 Dec 2001 |
| Semi-Detached |
| Freehold |
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 July 2008 the House Price Index for GREATER MANCHESTER was 90.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 63.706%.Applying this 63.706% change to the original purchase price of £138,000 results in an estimated price of approximately £225,914.
| 11 Jul 2008 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.0 | 63.706 % | £138,000 | £87,914 | £225,914 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 87.394 % | £120,604 | £258,604 |
| 3 Month Average | 39.071 % | £53,918 | £191,918 |
| 6 Month Average | 50.199 % | £69,273 | £207,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £259,959 | £257,500 | 50 RAMSEY GROVE |
| 9 Jun 2023 | £272,207 | £270,000 | 53 KINGSLEY STREET |
| 31 Oct 2022 | £227,617 | £231,000 | 47 RAMSEY GROVE |
| 7 Jul 2022 | £204,723 | £205,000 | 24 KINGSLEY STREET |
| 24 May 2022 | £218,244 | £215,000 | 1 HOLCOMBE AVENUE |