£97,747
This estimated value is based upon the latest sale price for the house of £78,000 on 2 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £78,000 | 2 Mar 2018 |
| £24,000 | 19 Jul 2002 |
| Terraced |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 March 2018 the House Price Index for GREATER MANCHESTER was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £78,000 results in an estimated price of approximately £97,747.
| 2 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £78,000 | £19,747 | £97,747 |
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 | 10.150 % | £7,916 | £85,916 |
| 3 Month Average | 38.984 % | £30,407 | £108,407 |
| 6 Month Average | 46.155 % | £36,000 | £114,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £110,971 | £110,000 | 8 FAIR STREET |
| 27 Jun 2023 | £113,373 | £112,000 | 15 FAIR STREET |
| 13 Jul 2022 | £90,243 | £90,000 | 21 UGANDA STREET |
| 16 Mar 2022 | £82,901 | £80,000 | 453 LYNTON ROAD |
| 11 Mar 2022 | £170,983 | £165,000 | 512 LEVER EDGE LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 15 Jul 2013. Using an estimated price of £97,747 means this house is valued at £1,376 per sq meter (£127 per sq foot).
The average size of a house on LYNTON ROAD is 95 sq meters (1,033 sq feet).