£274,407
This estimated value is based upon the latest sale price for the house of £160,000 on 16 Feb 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £160,000 | 16 Feb 2012 |
| £167,000 | 15 Dec 2006 |
| Semi-Detached |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 February 2012 the House Price Index for GREATER MANCHESTER was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £160,000 results in an estimated price of approximately £274,407.
| 16 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £160,000 | £114,407 | £274,407 |
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 | 38.101 % | £60,961 | £220,961 |
| 3 Month Average | 50.483 % | £80,772 | £240,772 |
| 6 Month Average | 50.622 % | £80,995 | £240,995 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £300,847 | £297,000 | 29 FIFTH AVENUE |
| 23 Nov 2022 | £296,410 | £300,000 | 12 CHASSEN ROAD |
| 5 Nov 2021 | £266,593 | £246,500 | 47 FIFTH AVENUE |
| 5 Nov 2021 | £295,253 | £273,000 | 42 FIFTH AVENUE |
| 2 Sep 2021 | £289,603 | £268,750 | 38 FIFTH AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 28 Aug 2020. Using an estimated price of £274,407 means this house is valued at £3,083 per sq meter (£286 per sq foot).
The average size of a house on FIFTH AVENUE is 102 sq meters (1,103 sq feet).