£46,359
This estimated value is based upon the latest sale price for the house of £38,000 on 3 Jun 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £38,000 | 3 Jun 2020 |
| £60,000 | 31 Mar 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2020 the House Price Index for GREATER MANCHESTER was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £38,000 results in an estimated price of approximately £46,359.
| 3 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £38,000 | £8,359 | £46,359 |
The Postcode Pricing Model uses changes in average sales price within the M34 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 | 106.152 % | £40,337 | £78,337 |
| 3 Month Average | 62.817 % | £23,870 | £61,870 |
| 6 Month Average | 37.098 % | £14,097 | £52,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £269,850 | £263,000 | 428 AUDENSHAW ROAD |
| 28 Sep 2023 | £245,410 | £240,000 | 18 TRAFALGAR AVENUE |
| 30 Nov 2022 | £139,348 | £140,000 | 32 LADY LANE |
| 2 Sep 2022 | £241,838 | £242,000 | 5 LADY LANE |
| 8 Aug 2022 | £243,639 | £242,500 | 7 LORD LANE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 1 Dec 2020. Using an estimated price of £46,359 means this house is valued at £735 per sq meter (£68 per sq foot).
The average size of a house on AUDENSHAW ROAD is 127 sq meters (1,372 sq feet).