£170,983
This estimated value is based upon the latest sale price for the house of £165,000 on 11 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£165,000 | 11 Mar 2022 |
£65,000 | 11 Jun 2010 |
£67,000 | 20 Aug 2004 |
£25,000 | 6 Sep 2002 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £165,000 results in an estimated price of approximately £170,983.
11 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £165,000 | £5,983 | £170,983 |
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 | 22.718 % | £37,483 | £202,483 |
3 Month Average | 14.969 % | £24,698 | £189,698 |
6 Month Average | 23.283 % | £38,416 | £203,416 |
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 |
31 Mar 2023 | £118,618 | £117,500 | 19 UGANDA STREET |
13 Jul 2022 | £90,243 | £90,000 | 21 UGANDA STREET |
28 Apr 2022 | £89,078 | £86,500 | 1 UGANDA STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 28 Oct 2014. Using an estimated price of £170,983 means this house is valued at £2,714 per sq meter (£252 per sq foot).
The average size of a house on LEVER EDGE LANE is 100 sq meters (1,083 sq feet).