£87,088
This estimated value is based upon the latest sale price for the house of £87,500 on 1 Feb 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £87,500 | 1 Feb 2023 |
| £126,500 | 18 Jun 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 February 2023 the House Price Index for GREATER MANCHESTER was 148.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.471%.Applying this -0.471% change to the original purchase price of £87,500 results in an estimated price of approximately £87,088.
| 1 Feb 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.0 | -0.471 % | £87,500 | £-411 | £87,088 |
The Postcode Pricing Model uses changes in average sales price within the WN1 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 | -1.362 % | £-1,191 | £86,308 |
| 3 Month Average | -17.476 % | £-15,291 | £72,208 |
| 6 Month Average | -21.828 % | £-19,099 | £68,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £254,821 | £250,000 | 20 WEST MOUNT |
| 16 Aug 2023 | £166,010 | £165,000 | 65 BRADSHAW STREET |
| 2 Aug 2023 | £140,857 | £140,000 | 3 CHESTNUT ROAD |
| 26 Jul 2023 | £111,050 | £110,000 | 3 WALNUT AVENUE |
| 7 Mar 2023 | £80,435 | £80,000 | 51A BRADSHAW STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 18 Sep 2014. Using an estimated price of £87,088 means this house is valued at £1,339 per sq meter (£124 per sq foot).
The average size of a house on BALCARRES AVENUE is 77 sq meters (829 sq feet).