£242,773
This estimated value is based upon the latest sale price for the house of £215,000 on 8 Apr 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £215,000 | 8 Apr 2021 |
| £160,000 | 21 Oct 2016 |
| Semi-Detached |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 April 2021 the House Price Index for GREATER MANCHESTER was 131.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 12.918%.Applying this 12.918% change to the original purchase price of £215,000 results in an estimated price of approximately £242,773.
| 8 Apr 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.6 | 12.918 % | £215,000 | £27,773 | £242,773 |
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 | -39.633 % | £-85,210 | £129,789 |
| 3 Month Average | -30.804 % | £-66,229 | £148,770 |
| 6 Month Average | 1.402 % | £3,014 | £218,014 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £220,000 | £220,000 | 143 DEVONSHIRE ROAD |
| 8 Aug 2023 | £161,412 | £160,000 | 26 MELROSE AVENUE |
| 30 Jun 2023 | £248,004 | £245,000 | 7 WELBECK ROAD |
| 6 Apr 2023 | £202,177 | £200,000 | 18 WELBECK ROAD |
| 10 Jan 2023 | £243,851 | £245,000 | 20 CROMDALE AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 16 Sep 2020. Using an estimated price of £242,774 means this house is valued at £2,758 per sq meter (£256 per sq foot).
The average size of a house on LOWNDES STREET is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dougill Street |