£247,469
This estimated value is based upon the latest sale price for the house of £161,000 on 25 Jun 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £161,000 | 25 Jun 2014 |
| Semi-Detached |
| Leasehold |
| Floor Area: 110 sq meters or 1,184 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 June 2014 the House Price Index for GREATER MANCHESTER was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £161,000 results in an estimated price of approximately £247,469.
| 25 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £161,000 | £86,469 | £247,469 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 68.497 % | £110,280 | £271,280 |
| 3 Month Average | 78.989 % | £127,172 | £288,172 |
| 6 Month Average | 53.093 % | £85,479 | £246,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £307,692 | £305,000 | 19 BOSCOBEL ROAD |
| 23 Jun 2023 | £148,010 | £146,217 | 176 GREEN LANE |
| 10 Jun 2022 | £71,003 | £70,000 | 28 WOODLAND AVENUE |
| 26 May 2022 | £249,705 | £245,000 | 8 BOSCOBEL ROAD |
| 25 Feb 2022 | £220,226 | £210,000 | 34 CAWDOR AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 27 Jul 2012. Using an estimated price of £247,469 means this house is valued at £2,249 per sq meter (£209 per sq foot).
The average size of a house on BOSCOBEL ROAD is 120 sq meters (1,297 sq feet).