£131,138
This estimated value is based upon the latest sale price for the house of £130,000 on 5 Apr 2024. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £130,000 | 5 Apr 2024 |
| £79,000 | 20 Oct 2003 |
| £42,500 | 13 Nov 1998 |
| £40,000 | 14 Aug 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 April 2024 the House Price Index for GREATER MANCHESTER was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £130,000 results in an estimated price of approximately £131,138.
| 5 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £130,000 | £1,138 | £131,138 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 21.088 % | £27,414 | £157,414 |
| 3 Month Average | 10.026 % | £13,034 | £143,034 |
| 6 Month Average | 6.700 % | £8,709 | £138,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2024 | £135,000 | £135,000 | 11 ROCK AVENUE |
| 5 Apr 2024 | £131,139 | £130,000 | 9 ROCK AVENUE |
| 8 Dec 2023 | £129,479 | £125,500 | 10 RYDER STREET |
| 20 Nov 2023 | £156,472 | £152,500 | 78 CLOISTER STREET |
| 30 Aug 2023 | £117,112 | £115,000 | 42 CLOISTER STREET |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 12 Dec 2013. Using an estimated price of £131,139 means this house is valued at £3,122 per sq meter (£290 per sq foot).
The average size of a house on ROCK AVENUE is 81 sq meters (878 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).