£512,085
This estimated value is based upon the latest sale price for the house of £370,000 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £370,000 | 11 Dec 2015 |
| £200,000 | 12 Aug 2002 |
| £98,130 | 30 Nov 1998 |
| Detached |
| Leasehold |
| Floor Area: 175 sq meters or 1,883 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 December 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £370,000 results in an estimated price of approximately £512,085.
| 11 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £370,000 | £142,085 | £512,085 |
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 | 5.599 % | £20,715 | £390,715 |
| 3 Month Average | 20.777 % | £76,874 | £446,874 |
| 6 Month Average | 33.991 % | £125,766 | £495,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £351,144 | £345,000 | 49 SHARPLES AVENUE |
| 8 Dec 2023 | £293,638 | £288,500 | 31 CHELFORD AVENUE |
| 3 Nov 2023 | £411,086 | £405,000 | 8 SWEETLOVES GROVE |
| 1 Sep 2023 | £212,720 | £210,000 | 48 HOLDEN AVENUE |
| 22 Sep 2022 | £183,518 | £185,000 | 37 SHARPLES AVENUE |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 5 Jul 2013. Using an estimated price of £512,085 means this house is valued at £2,926 per sq meter (£271 per sq foot).
The average size of a house on SWEETLOVES LANE is 183 sq meters (1,978 sq feet).