£431,150
This estimated value is based upon the latest sale price for the house of £346,600 on 28 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£346,600 | 28 Jun 2018 |
£142,000 | 23 Apr 2001 |
Semi-Detached |
Leasehold |
Floor Area: 128 sq meters or 1,377 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 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £346,600 results in an estimated price of approximately £431,150.
28 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £346,600 | £84,550 | £431,150 |
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 | 9.349 % | £32,402 | £379,002 |
3 Month Average | 17.823 % | £61,775 | £408,375 |
6 Month Average | 31.563 % | £109,398 | £455,998 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2023 | £525,660 | £520,000 | 8 OAKWOOD DRIVE |
30 Nov 2022 | £450,543 | £456,000 | 11 OAKWOOD DRIVE |
24 Nov 2022 | £553,298 | £560,000 | 86 ALBERT ROAD WEST |
24 Nov 2022 | £414,973 | £420,000 | 24 LINDALE AVENUE |
30 Aug 2022 | £554,009 | £555,500 | 239 GREENMOUNT LANE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 22 Jan 2018. Using an estimated price of £431,150 means this house is valued at £3,368 per sq meter (£312 per sq foot).
The average size of a house on ALBERT ROAD WEST is 191 sq meters (2,064 sq feet).