£109,855
This estimated value is based upon the latest sale price for the house of £82,500 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £82,500 | 22 Jul 2016 |
| £79,995 | 22 Aug 2011 |
| £52,000 | 4 Mar 2011 |
| Terraced |
| Leasehold |
| Floor Area: 67 sq meters or 725 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 July 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £82,500 results in an estimated price of approximately £109,855.
| 22 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £82,500 | £27,355 | £109,855 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 62.777 % | £51,791 | £134,291 |
| 3 Month Average | 54.346 % | £44,835 | £127,335 |
| 6 Month Average | 59.514 % | £49,099 | £131,599 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £157,007 | £155,000 | 57 FORTON AVENUE |
| 14 Aug 2023 | £121,059 | £120,000 | 834 BURY ROAD |
| 1 Mar 2023 | £141,332 | £140,000 | 17 RIBBLE AVENUE |
| 12 Jan 2023 | £186,123 | £187,000 | 35 FORTON AVENUE |
| 12 Jul 2022 | £130,351 | £130,000 | 9 RIBBLE AVENUE |
This house has a floor area of 67 sq meters or 725 sq feet when measured on 19 Jul 2011. Using an estimated price of £109,855 means this house is valued at £1,628 per sq meter (£151 per sq foot).
The average size of a house on SINGLETON AVENUE is 77 sq meters (836 sq feet).