£1,012,140
This estimated value is based upon the latest sale price for the house of £650,000 on 7 Apr 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £650,000 | 7 Apr 2014 |
| £650,000 | 7 Apr 2014 |
| Terraced |
| Freehold |
| Floor Area: 263 sq meters or 2,830 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 April 2014 the House Price Index for GREATER MANCHESTER was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £650,000 results in an estimated price of approximately £1,012,140.
| 7 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £650,000 | £362,140 | £1,012,140 |
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 | 5.577 % | £36,249 | £686,249 |
| 3 Month Average | 31.522 % | £204,892 | £854,892 |
| 6 Month Average | 40.093 % | £260,604 | £910,604 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £365,426 | £361,000 | 43 STAPLETON AVENUE |
| 20 Feb 2023 | £571,615 | £572,000 | 7 TOWNCROFT LANE |
| 13 Feb 2023 | £904,391 | £905,000 | 4 NORTHWOLD DRIVE |
| 4 Jul 2022 | £596,606 | £595,000 | 9 STAPLETON AVENUE |
| 29 Jul 2021 | £126,419 | £110,000 | 5 BEAUMONT COURT VICTORIA ROAD |
This house has a floor area of 263 sq meters or 2,830 sq feet when measured on 4 Dec 2012. Using an estimated price of £1,012,141 means this house is valued at £3,848 per sq meter (£357 per sq foot).
There is one other house on the street which we know the size of, this is 2 NORTHWOLD DRIVE it is 523.0