£80,636
This estimated value is based upon the latest sale price for the house of £47,250 on 12 Jul 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£47,250 | 12 Jul 2010 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 July 2010 the House Price Index for GREATER MANCHESTER was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £47,250 results in an estimated price of approximately £80,636.
12 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.659 % | £47,250 | £33,386 | £80,636 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 27.245 % | £12,873 | £60,123 |
3 Month Average | 58.772 % | £27,769 | £75,019 |
6 Month Average | 54.176 % | £25,598 | £72,848 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £149,294 | £147,000 | 166 KIRKHALL LANE |
8 Dec 2023 | £153,724 | £149,000 | 93 BRIGHT STREET |
6 Dec 2023 | £146,502 | £142,000 | 2 LIME AVENUE |
5 Dec 2023 | £82,536 | £80,000 | 3 MYRTLE AVENUE |
7 Nov 2023 | £82,084 | £80,000 | 2 WESTBOURNE AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 13 Feb 2009. Using an estimated price of £80,636 means this house is valued at £959 per sq meter (£89 per sq foot).
The average size of a house on HEATHER GROVE is 93 sq meters (1,003 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (904 sq feet).