£263,606
This estimated value is based upon the latest sale price for the house of £218,000 on 10 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £218,000 | 10 Jul 2020 |
| £165,000 | 31 Aug 2018 |
| Detached |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 2020 the House Price Index for GREATER MANCHESTER was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £218,000 results in an estimated price of approximately £263,606.
| 10 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £218,000 | £45,606 | £263,606 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | -24.376 % | £-53,140 | £164,859 |
| 3 Month Average | 39.452 % | £86,005 | £304,005 |
| 6 Month Average | 30.896 % | £67,352 | £285,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £176,544 | £175,000 | 29 BARDSLEY VALE AVENUE |
| 2 Jun 2023 | £156,901 | £155,000 | 31 BARDSLEY VALE AVENUE |
| 24 Mar 2023 | £136,284 | £135,000 | 26 MERLIN CLOSE |
| 30 Sep 2022 | £317,437 | £320,000 | BLACK DIAMOND HOTEL, 955 ASHTON ROAD |
| 10 Jun 2022 | £144,036 | £142,000 | 26 LEVINGTON DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 6 Jun 2018. Using an estimated price of £263,606 means this house is valued at £3,065 per sq meter (£284 per sq foot).
The average size of a house on BARDSLEY VALE AVENUE is 102 sq meters (1,097 sq feet).