£92,894
This estimated value is based upon the latest sale price for the house of £63,500 on 30 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£63,500 | 30 Jun 2015 |
£56,000 | 1 Feb 2010 |
£20,000 | 9 Mar 2001 |
£16,000 | 9 Aug 1996 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 June 2015 the House Price Index for GREATER MANCHESTER was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £63,500 results in an estimated price of approximately £92,894.
30 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 149.7 | 46.290 % | £63,500 | £29,394 | £92,894 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 11.063 % | £7,024 | £70,524 |
3 Month Average | 22.753 % | £14,448 | £77,948 |
6 Month Average | 34.261 % | £21,755 | £85,255 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2024 | £88,267 | £87,500 | 68 VICTORIA GROVE |
22 Mar 2024 | £71,092 | £70,000 | 9 RAWSON ROAD |
12 Mar 2024 | £50,780 | £50,000 | 14 VICTORIA GROVE |
3 Nov 2023 | £58,485 | £57,000 | 248 OXFORD GROVE |
18 Oct 2023 | £99,254 | £97,000 | 97 OXFORD GROVE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 29 Apr 2015. Using an estimated price of £92,894 means this house is valued at £1,601 per sq meter (£148 per sq foot).
The average size of a house on VICTORIA GROVE is 62 sq meters (676 sq feet).