£579,379
This estimated value is based upon the latest sale price for the house of £540,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £540,000 | 29 Jun 2021 |
| £201,000 | 12 Aug 2010 |
| Detached |
| Freehold |
| Floor Area: 326 sq meters or 3,509 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 2021 the House Price Index for GREATER MANCHESTER was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £540,000 results in an estimated price of approximately £579,379.
| 29 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £540,000 | £39,379 | £579,379 |
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 | -45.105 % | £-243,566 | £296,433 |
| 3 Month Average | -29.955 % | £-161,757 | £378,242 |
| 6 Month Average | -25.322 % | £-136,741 | £403,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £634,392 | £625,000 | 2 WESTGATE AVENUE |
| 29 Sep 2023 | £91,166 | £90,000 | 70 RUSSELL STREET |
| 9 Jun 2023 | £101,226 | £100,000 | 3 RUSSELL CLOSE |
| 1 Feb 2023 | £69,953 | £70,000 | FLAT 11 BROWSHOLME HOUSE WESTGATE AVENUE |
| 31 Jan 2023 | £94,555 | £95,000 | 9 HADDON HOUSE CARSLAKE AVENUE |
This house has a floor area of 326 sq meters or 3,509 sq feet when measured on 4 Jun 2021. Using an estimated price of £579,379 means this house is valued at £1,777 per sq meter (£165 per sq foot).
There is one other house on the street which we know the size of, this is 2 LAUREL STREET it is 57.0