£225,609
This estimated value is based upon the latest sale price for the house of £132,000 on 9 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £132,000 | 9 Mar 2012 |
| Semi-Detached |
| Leasehold |
| Floor Area: 83 sq meters or 903 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 March 2012 the House Price Index for GREATER MANCHESTER was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £132,000 results in an estimated price of approximately £225,609.
| 9 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £132,000 | £93,609 | £225,609 |
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 | 12.477 % | £16,469 | £148,469 |
| 3 Month Average | 32.288 % | £42,620 | £174,620 |
| 6 Month Average | 35.725 % | £47,156 | £179,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £311,777 | £308,000 | 4 EDGWORTH DRIVE |
| 12 Jun 2023 | £283,433 | £280,000 | 23 LYONS DRIVE |
| 27 Mar 2023 | £272,568 | £270,000 | 1 LYONS DRIVE |
| 27 Feb 2023 | £234,842 | £235,000 | 1 EAGLEY VIEW |
| 12 Jan 2023 | £429,975 | £432,000 | 6 EAGLEY VIEW |
This house has a floor area of 83 sq meters or 903 sq feet when measured on 30 Aug 2011. Using an estimated price of £225,610 means this house is valued at £2,689 per sq meter (£249 per sq foot).
The average size of a house on NEWINGTON DRIVE is 92 sq meters (996 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ainsworth Road |