£78,003
This estimated value is based upon the latest sale price for the house of £20,000 on 17 Mar 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £20,000 | 17 Mar 2000 |
| £15,000 | 11 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 March 2000 the House Price Index for GREATER MANCHESTER was 38.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 290.019%.Applying this 290.019% change to the original purchase price of £20,000 results in an estimated price of approximately £78,003.
| 17 Mar 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 149.7 | 290.019 % | £20,000 | £58,003 | £78,003 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 519.924 % | £103,984 | £123,984 |
| 3 Month Average | 552.933 % | £110,586 | £130,586 |
| 6 Month Average | 483.362 % | £96,672 | £116,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £300,000 | £300,000 | 134 CHURCH LANE |
| 17 Apr 2024 | £80,701 | £80,000 | 160 CHURCH LANE |
| 8 Dec 2023 | £118,646 | £115,000 | 18 LOWTON AVENUE |
| 12 Oct 2023 | £113,580 | £111,000 | 9 RAVINE AVENUE |
| 12 Oct 2023 | £135,068 | £132,000 | 188 CHURCH LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 7 Jun 2018. Using an estimated price of £78,004 means this house is valued at £975 per sq meter (£90 per sq foot).
The average size of a house on VALE TOP AVENUE is 88 sq meters (956 sq feet).