£161,103
This estimated value is based upon the latest sale price for the house of £130,000 on 20 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £130,000 | 20 Jul 2018 |
| £88,000 | 24 Oct 2003 |
| £37,000 | 2 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 July 2018 the House Price Index for GREATER MANCHESTER was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £130,000 results in an estimated price of approximately £161,103.
| 20 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £130,000 | £31,103 | £161,103 |
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 | -32.808 % | £-42,650 | £87,349 |
| 3 Month Average | 1.420 % | £1,845 | £131,845 |
| 6 Month Average | 25.455 % | £33,091 | £163,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £221,373 | £217,500 | 16 DOUGLAS AVENUE |
| 23 Nov 2023 | £189,810 | £187,000 | 80 AINSWORTH ROAD |
| 15 Sep 2023 | £222,849 | £220,000 | 44 DALTON STREET |
| 8 Aug 2023 | £242,118 | £240,000 | 12 DOUGLAS AVENUE |
| 31 Jul 2023 | £261,013 | £257,500 | 50 RAMSEY GROVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 28 Apr 2010. Using an estimated price of £161,103 means this house is valued at £2,301 per sq meter (£213 per sq foot).
The average size of a house on RAMSEY GROVE is 86 sq meters (930 sq feet).