£259,033
This estimated value is based upon the latest sale price for the house of £240,000 on 1 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £240,000 | 1 Dec 2021 |
| £175,000 | 31 Jul 2009 |
| £45,000 | 11 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 December 2021 the House Price Index for GREATER MANCHESTER was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £240,000 results in an estimated price of approximately £259,033.
| 1 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £240,000 | £19,033 | £259,033 |
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 | 40.434 % | £97,041 | £337,041 |
| 3 Month Average | 16.167 % | £38,801 | £278,801 |
| 6 Month Average | 17.724 % | £42,536 | £282,536 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £145,000 | £145,000 | 50 MELBOURNE ROAD |
| 14 Jun 2024 | £268,000 | £268,000 | 7 ST ETHELBERTS AVENUE |
| 25 Mar 2024 | £182,809 | £180,000 | 75 MELBOURNE ROAD |
| 14 Aug 2023 | £229,133 | £225,000 | 5 ST ETHELBERTS AVENUE |
| 16 Jun 2023 | £168,374 | £165,000 | 70 MELBOURNE ROAD |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 21 May 2021. Using an estimated price of £259,034 means this house is valued at £1,786 per sq meter (£165 per sq foot).
The average size of a house on MELBOURNE ROAD is 86 sq meters (926 sq feet).
This house is the largest in the street with a floor area of 145 sq meters (1,560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Constance Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Constance Road |