£56,979
This estimated value is based upon the latest sale price for the house of £16,000 on 27 Jan 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £16,000 | 27 Jan 2001 |
| £16,000 | 28 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 January 2001 the House Price Index for GREATER MANCHESTER was 41.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 256.120%.Applying this 256.120% change to the original purchase price of £16,000 results in an estimated price of approximately £56,979.
| 27 Jan 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 148.6 | 256.120 % | £16,000 | £40,979 | £56,979 |
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 | 300.330 % | £48,052 | £64,052 |
| 3 Month Average | 229.927 % | £36,788 | £52,788 |
| 6 Month Average | 216.792 % | £34,686 | £50,686 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £57,857 | £57,000 | 248 OXFORD GROVE |
| 3 Jul 2023 | £91,228 | £90,000 | 46 VICTORIA GROVE |
| 24 Feb 2023 | £105,929 | £106,000 | 64 VICTORIA GROVE |
| 19 Jan 2023 | £103,015 | £103,500 | 63 VICTORIA GROVE |
| 13 Jan 2023 | £61,709 | £62,000 | 23 VICTORIA GROVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 18 Feb 2014. Using an estimated price of £56,979 means this house is valued at £919 per sq meter (£85 per sq foot).
The average size of a house on VICTORIA GROVE is 62 sq meters (677 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hatfield Road |