£147,882
This estimated value is based upon the latest sale price for the house of £119,000 on 21 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £119,000 | 21 Dec 2018 |
| £47,500 | 19 Jul 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 2018 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £119,000 results in an estimated price of approximately £147,882.
| 21 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £119,000 | £28,882 | £147,882 |
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 | 28.462 % | £33,869 | £152,869 |
| 3 Month Average | 32.567 % | £38,754 | £157,754 |
| 6 Month Average | 35.028 % | £41,683 | £160,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £153,773 | £151,000 | 29 LEONARD STREET |
| 16 Jun 2023 | £153,067 | £150,000 | 55 GARSWOOD ROAD |
| 2 Sep 2022 | £147,402 | £147,500 | 28 ST WILLIAMS AVENUE |
| 5 Aug 2022 | £140,658 | £140,000 | 22 GARSWOOD ROAD |
| 4 Feb 2022 | £159,578 | £151,050 | 59 GARSWOOD ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 28 Sep 2018. Using an estimated price of £147,883 means this house is valued at £1,607 per sq meter (£149 per sq foot).
The average size of a house on LEVER EDGE LANE is 100 sq meters (1,083 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Williams Avenue |
| Oct 2024 | Vehicle crime | Under investigation | On or near Wetheral Drive |