£323,286
This estimated value is based upon the latest sale price for the house of £318,500 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £318,500 | 3 Nov 2023 |
| £156,000 | 5 Apr 2013 |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 November 2023 the House Price Index for GREATER MANCHESTER was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £318,500 results in an estimated price of approximately £323,286.
| 3 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £318,500 | £4,786 | £323,286 |
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 | -16.997 % | £-54,135 | £264,364 |
| 3 Month Average | -17.675 % | £-56,294 | £262,205 |
| 6 Month Average | -12.280 % | £-39,110 | £279,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £441,537 | £435,000 | 21 PORTINSCALE CLOSE |
| 3 Nov 2023 | £323,286 | £318,500 | 50 HOLCOMBE AVENUE |
| 9 Jun 2023 | £273,311 | £270,000 | 53 KINGSLEY STREET |
| 24 Aug 2022 | £182,509 | £183,000 | 3 AINSDALE AVENUE |
| 7 Jun 2022 | £337,773 | £333,000 | 58 HOLCOMBE AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 15 May 2012. Using an estimated price of £323,286 means this house is valued at £3,942 per sq meter (£366 per sq foot).
The average size of a house on HOLCOMBE AVENUE is 85 sq meters (915 sq feet).