£124,374
This estimated value is based upon the latest sale price for the house of £115,000 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £115,000 | 26 Nov 2021 |
| £61,000 | 6 Sep 2002 |
| £29,000 | 19 Feb 1999 |
| £26,000 | 7 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2021 the House Price Index for GREATER MANCHESTER was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £115,000 results in an estimated price of approximately £124,374.
| 26 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £115,000 | £9,374 | £124,374 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 53.121 % | £61,088 | £176,088 |
| 3 Month Average | -14.878 % | £-17,110 | £97,889 |
| 6 Month Average | -3.498 % | £-4,022 | £110,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £362,925 | £359,750 | 17 HILBRE ROAD |
| 28 Jun 2023 | £164,493 | £162,500 | APARTMENT 34 31 BURNAGE LANE |
| 31 Jan 2023 | £368,265 | £370,000 | 73 MILWAIN ROAD |
| 6 Jan 2023 | £323,476 | £325,000 | 92 MILWAIN ROAD |
| 25 Nov 2022 | £335,503 | £339,567 | 20 HILBRE ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 9 Jun 2021. Using an estimated price of £124,374 means this house is valued at £2,538 per sq meter (£235 per sq foot).
The average size of a house on BURNAGE AVENUE is 79 sq meters (859 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (527 sq feet).