£104,331
This estimated value is based upon the latest sale price for the house of £69,950 on 3 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£69,950 | 3 Dec 2014 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 2014 the House Price Index for GREATER MANCHESTER was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £69,950 results in an estimated price of approximately £104,331.
3 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £69,950 | £34,381 | £104,331 |
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 | 19.453 % | £13,607 | £83,557 |
3 Month Average | 47.996 % | £33,572 | £103,522 |
6 Month Average | 55.918 % | £39,114 | £109,064 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Aug 2022 | £84,772 | £85,000 | 432 LEVER EDGE LANE |
16 Mar 2022 | £82,901 | £80,000 | 453 LYNTON ROAD |
11 Mar 2022 | £170,983 | £165,000 | 512 LEVER EDGE LANE |
10 Jan 2022 | £135,445 | £128,700 | 457 LYNTON ROAD |
22 Nov 2021 | £5,948 | £5,500 | 8 GIRVAN CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 1 Oct 2014. Using an estimated price of £104,331 means this house is valued at £1,185 per sq meter (£110 per sq foot).
The average size of a house on LYNTON ROAD is 95 sq meters (1,033 sq feet).