£261,745
This estimated value is based upon the latest sale price for the house of £256,500 on 26 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £256,500 | 26 Jun 2023 |
| £143,000 | 20 Dec 2018 |
| Semi-Detached |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 2023 the House Price Index for GREATER MANCHESTER was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £256,500 results in an estimated price of approximately £261,745.
| 26 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £256,500 | £5,245 | £261,745 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 0.968 % | £2,483 | £258,983 |
| 3 Month Average | 29.768 % | £76,354 | £332,854 |
| 6 Month Average | 14.643 % | £37,558 | £294,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £266,772 | £260,000 | 11 WILLAND DRIVE |
| 26 Oct 2023 | £201,169 | £196,600 | 27 BOUNDARY DRIVE |
| 9 Aug 2023 | £112,020 | £110,000 | 5 BOUNDARY DRIVE |
| 26 Jun 2023 | £261,745 | £256,500 | 13 WILLAND DRIVE |
| 5 Jun 2023 | £224,499 | £220,000 | 12 EXFORD DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 16 Oct 2018. Using an estimated price of £261,745 means this house is valued at £3,192 per sq meter (£296 per sq foot).
The average size of a house on WILLAND DRIVE is 98 sq meters (1,064 sq feet).