£257,283
This estimated value is based upon the latest sale price for the house of £205,000 on 12 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £205,000 | 12 Jan 2018 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 January 2018 the House Price Index for GREATER MANCHESTER was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £205,000 results in an estimated price of approximately £257,283.
| 12 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £205,000 | £52,283 | £257,283 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 32.748 % | £67,132 | £272,132 |
| 3 Month Average | 7.971 % | £16,341 | £221,341 |
| 6 Month Average | 34.041 % | £69,783 | £274,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £181,286 | £179,700 | 9 HAMBLETON CLOSE |
| 27 Jun 2023 | £344,169 | £340,000 | 8 BLACKROD DRIVE |
| 28 Apr 2023 | £293,156 | £290,000 | 74 GREENHILL ROAD |
| 16 Mar 2023 | £282,663 | £280,000 | 5 HAMBLETON CLOSE |
| 27 Jan 2023 | £367,270 | £369,000 | 4 ANDERTON CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 5 Dec 2016. Using an estimated price of £257,283 means this house is valued at £3,623 per sq meter (£336 per sq foot).
The average size of a house on RIVINGTON DRIVE is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ainsworth Road |