£71,843
This estimated value is based upon the latest sale price for the house of £57,500 on 9 Feb 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £57,500 | 9 Feb 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2018 the House Price Index for GREATER MANCHESTER was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £57,500 results in an estimated price of approximately £71,843.
| 9 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £57,500 | £14,343 | £71,843 |
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 | 84.975 % | £48,860 | £106,360 |
| 3 Month Average | 66.966 % | £38,505 | £96,005 |
| 6 Month Average | 39.235 % | £22,560 | £80,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £132,315 | £130,000 | 21 GLEN AVENUE |
| 24 Apr 2023 | £126,361 | £125,000 | 2 CLUNTON AVENUE |
| 24 Mar 2023 | £58,552 | £58,000 | FLAT A 13 TORRISDALE CLOSE |
| 23 Mar 2023 | £167,579 | £166,000 | 12 SUNADALE CLOSE |
| 3 Mar 2023 | £150,416 | £148,999 | 5 CLUNTON AVENUE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 12 Mar 2015. Using an estimated price of £71,844 means this house is valued at £1,355 per sq meter (£125 per sq foot).
The average size of a house on TORRISDALE CLOSE is 71 sq meters (773 sq feet).