£184,359
This estimated value is based upon the latest sale price for the house of £114,000 on 12 Jun 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£114,000 | 12 Jun 2008 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 June 2008 the House Price Index for GREATER MANCHESTER was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.719%.Applying this 61.719% change to the original purchase price of £114,000 results in an estimated price of approximately £184,359.
12 Jun 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.719 % | £114,000 | £70,359 | £184,359 |
The Postcode Pricing Model uses changes in average sales price within the OL7 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 | 39.899 % | £45,484 | £159,484 |
3 Month Average | 45.997 % | £52,436 | £166,436 |
6 Month Average | 40.544 % | £46,219 | £160,219 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £233,964 | £230,500 | 3 BORROWDALE CRESCENT |
7 Aug 2023 | £176,544 | £175,000 | 22 LAKESIDE AVENUE |
31 Jul 2023 | £146,978 | £145,000 | 37 CROWHILL ROAD |
27 Jul 2023 | £167,251 | £165,000 | 13 BORROWDALE CRESCENT |
30 Jan 2023 | £182,142 | £183,000 | 28 FURNESS AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 16 Apr 2014. Using an estimated price of £184,359 means this house is valued at £2,491 per sq meter (£231 per sq foot).
The average size of a house on BORROWDALE CRESCENT is 88 sq meters (949 sq feet).