£79,163
This estimated value is based upon the latest sale price for the house of £25,000 on 7 Dec 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£25,000 | 7 Dec 2001 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 December 2001 the House Price Index for GREATER MANCHESTER was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £25,000 results in an estimated price of approximately £79,163.
7 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.9 | 148.6 | 216.655 % | £25,000 | £54,163 | £79,163 |
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 | 146.938 % | £36,734 | £61,734 |
3 Month Average | 189.101 % | £47,275 | £72,275 |
6 Month Average | 224.636 % | £56,158 | £81,158 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £468,192 | £460,000 | 66 EASTGROVE AVENUE |
24 Aug 2023 | £322,824 | £320,000 | 34 EASTGROVE AVENUE |
23 Aug 2023 | £277,427 | £275,000 | 48 SOUTHGROVE AVENUE |
18 Aug 2023 | £390,415 | £387,000 | 57 KERMOOR AVENUE |
3 Aug 2023 | £186,633 | £185,000 | 22 EASTGROVE AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 4 Nov 2019. Using an estimated price of £79,164 means this house is valued at £1,164 per sq meter (£108 per sq foot).
The average size of a house on EASTGROVE AVENUE is 110 sq meters (1,186 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).