£138,923
This estimated value is based upon the latest sale price for the house of £117,000 on 9 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £117,000 | 9 Sep 2020 |
| £48,000 | 22 Mar 2019 |
| £12,500 | 6 Nov 1996 |
| Terraced |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 September 2020 the House Price Index for GREATER MANCHESTER was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £117,000 results in an estimated price of approximately £138,923.
| 9 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £117,000 | £21,923 | £138,923 |
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 | -0.612 % | £-716 | £116,283 |
| 3 Month Average | -1.930 % | £-2,258 | £114,741 |
| 6 Month Average | 29.163 % | £34,120 | £151,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £94,398 | £93,000 | 32 ELMWOOD GROVE |
| 29 Sep 2023 | £91,166 | £90,000 | 70 RUSSELL STREET |
| 9 Jun 2023 | £101,226 | £100,000 | 3 RUSSELL CLOSE |
| 31 Jan 2023 | £94,555 | £95,000 | 9 HADDON HOUSE CARSLAKE AVENUE |
| 4 Jul 2022 | £87,736 | £87,500 | 28 ELMWOOD GROVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 13 Jan 2020. Using an estimated price of £138,924 means this house is valued at £1,673 per sq meter (£155 per sq foot).
The average size of a house on ELMWOOD GROVE is 63 sq meters (682 sq feet).