£355,989
This estimated value is based upon the latest sale price for the house of £350,000 on 18 May 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £350,000 | 18 May 2023 |
| £225,000 | 10 Mar 2017 |
| £190,000 | 24 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 May 2023 the House Price Index for GREATER MANCHESTER was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £350,000 results in an estimated price of approximately £355,989.
| 18 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £350,000 | £5,989 | £355,989 |
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 | -21.742 % | £-76,096 | £273,903 |
| 3 Month Average | 21.856 % | £76,496 | £426,496 |
| 6 Month Average | 9.107 % | £31,876 | £381,876 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £325,000 | £325,000 | 71 BURY OLD ROAD |
| 17 Nov 2023 | £200,975 | £198,000 | 26 AINSWORTH HALL ROAD |
| 27 Jun 2023 | £288,495 | £285,000 | 7 DELPH LANE |
| 16 Jun 2023 | £657,970 | £650,000 | 7 ARTHUR LANE |
| 16 Jun 2023 | £178,158 | £176,000 | 53 BURY OLD ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 2 Dec 2016.
The average size of a house on DELPH LANE is 100 sq meters (1,086 sq feet).