£179,305
This estimated value is based upon the latest sale price for the house of £99,500 on 16 Dec 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£99,500 | 16 Dec 2005 |
£38,400 | 25 Oct 1996 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 599 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 2005 the House Price Index for GREATER MANCHESTER was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £99,500 results in an estimated price of approximately £179,305.
16 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 148.6 | 80.207 % | £99,500 | £79,805 | £179,305 |
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 | 37.469 % | £37,281 | £136,781 |
3 Month Average | 65.183 % | £64,857 | £164,357 |
6 Month Average | 66.969 % | £66,634 | £166,134 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £167,938 | £165,000 | 8 CAVENDISH GARDENS |
10 Nov 2023 | £152,254 | £150,000 | 22 CAVENDISH GARDENS |
16 Dec 2021 | £123,423 | £115,200 | 6 HENLEY GROVE |
2 Mar 2020 | £267,385 | £222,000 | 198 ELLESMERE ROAD |
1 Mar 2019 | £98,831 | £80,000 | 21 HENLEY GROVE |
This house has a floor area of 55 sq meters or 599 sq feet when measured on 16 Jan 2012. Using an estimated price of £179,306 means this house is valued at £3,216 per sq meter (£298 per sq foot).
The average size of a house on CAVENDISH GARDENS is 81 sq meters (874 sq feet).