£259,542
This estimated value is based upon the latest sale price for the house of £151,000 on 25 Apr 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £151,000 | 25 Apr 2012 |
| Detached |
| Leasehold |
| Floor Area: 87 sq meters or 941 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 April 2012 the House Price Index for GREATER MANCHESTER was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.883%.Applying this 71.883% change to the original purchase price of £151,000 results in an estimated price of approximately £259,542.
| 25 Apr 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.883 % | £151,000 | £108,542 | £259,542 |
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 | 49.758 % | £75,134 | £226,134 |
| 3 Month Average | 106.784 % | £161,243 | £312,243 |
| 6 Month Average | 73.471 % | £110,941 | £261,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £255,635 | £250,000 | 13 DEWHURST ROAD |
| 19 Jun 2023 | £311,237 | £305,000 | 53 DEWHURST ROAD |
| 15 Mar 2023 | £269,501 | £265,000 | 11 CHALE GREEN |
| 13 Jan 2023 | £295,790 | £295,000 | 14 FERNDOWN ROAD |
| 27 Apr 2022 | £208,522 | £201,000 | 19 GREEN BANK |
This house has a floor area of 87 sq meters or 941 sq feet when measured on 4 Aug 2011. Using an estimated price of £259,543 means this house is valued at £2,968 per sq meter (£275 per sq foot).
The average size of a house on GREEN BANK is 97 sq meters (1,050 sq feet).