£331,937
This estimated value is based upon the latest sale price for the house of £277,500 on 28 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £277,500 | 28 Sep 2020 |
| Detached |
| Freehold |
| Floor Area: 167 sq meters or 1,797 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 September 2020 the House Price Index for GREATER MANCHESTER was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £277,500 results in an estimated price of approximately £331,937.
| 28 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £277,500 | £54,437 | £331,937 |
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 | 6.362 % | £17,654 | £295,154 |
| 3 Month Average | 86.181 % | £239,151 | £516,651 |
| 6 Month Average | 37.925 % | £105,241 | £382,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £299,194 | £290,000 | 71 BELMONT VIEW |
| 27 Nov 2023 | £288,319 | £281,000 | 138 HARDY MILL ROAD |
| 13 Oct 2023 | £116,649 | £114,000 | 5 PROSPECT AVENUE |
| 29 Sep 2023 | £222,914 | £218,000 | 15 BRAMHALL AVENUE |
| 16 Jun 2023 | £464,305 | £455,000 | 121 HARDY MILL ROAD |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 6 Feb 2019. Using an estimated price of £331,937 means this house is valued at £1,987 per sq meter (£184 per sq foot).
The average size of a house on HARDY MILL ROAD is 109 sq meters (1,175 sq feet).