£172,308
This estimated value is based upon the latest sale price for the house of £137,500 on 15 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £137,500 | 15 Jun 2018 |
| £121,000 | 12 May 2015 |
| £100,000 | 3 Jul 2012 |
| Terraced |
| Leasehold |
| Floor Area: 101 sq meters or 1,087 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 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £137,500 results in an estimated price of approximately £172,308.
| 15 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £137,500 | £34,808 | £172,308 |
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 | 37.151 % | £51,083 | £188,583 |
| 3 Month Average | 38.668 % | £53,168 | £190,668 |
| 6 Month Average | 41.374 % | £56,889 | £194,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £224,395 | £217,500 | 16 DOUGLAS AVENUE |
| 23 Nov 2023 | £191,870 | £187,000 | 80 AINSWORTH ROAD |
| 9 Oct 2023 | £207,206 | £202,500 | 159 AINSWORTH ROAD |
| 15 Sep 2023 | £224,959 | £220,000 | 44 DALTON STREET |
| 30 Aug 2023 | £208,765 | £205,000 | 77 NEWBOLD STREET |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 18 Sep 2013. Using an estimated price of £172,308 means this house is valued at £1,706 per sq meter (£158 per sq foot).
The average size of a house on NEWBOLD STREET is 114 sq meters (1,233 sq feet).