£3,123
This estimated value is based upon the latest sale price for the house of £2,351 on 23 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £2,351 | 23 Sep 2016 |
| Leasehold |
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 September 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £2,351 results in an estimated price of approximately £3,123.
| 23 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £2,351 | £772 | £3,123 |
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 | 20.735 % | £487 | £2,838 |
| 3 Month Average | 45.587 % | £1,071 | £3,422 |
| 6 Month Average | 43.424 % | £1,020 | £3,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £101,503 | £100,000 | 30 WOODBINE ROAD |
| 2 Jun 2023 | £114,386 | £113,000 | 84 MORRIS GREEN LANE |
| 21 Apr 2023 | £171,850 | £170,000 | 23 WOODBINE ROAD |
| 1 Nov 2022 | £128,444 | £130,000 | 26 WOODBINE ROAD |
| 21 Oct 2022 | £98,935 | £100,000 | 74 MORRIS GREEN LANE |