£242,554
This estimated value is based upon the latest sale price for the house of £143,000 on 14 May 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£143,000 | 14 May 2010 |
£66,995 | 26 Feb 2000 |
Semi-Detached |
Leasehold |
Floor Area: 101 sq meters or 1,087 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 2010 the House Price Index for GREATER MANCHESTER was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £143,000 results in an estimated price of approximately £242,554.
14 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.618 % | £143,000 | £99,554 | £242,554 |
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 | 11.307 % | £16,169 | £159,169 |
3 Month Average | 62.050 % | £88,731 | £231,731 |
6 Month Average | 67.593 % | £96,658 | £239,658 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2023 | £267,520 | £265,000 | 11 CHALE GREEN |
13 Jan 2023 | £293,617 | £295,000 | 14 FERNDOWN ROAD |
1 Jul 2022 | £145,391 | £145,000 | 60 SOUTH DRIVE |
19 May 2022 | £204,350 | £200,500 | 72 SOUTH DRIVE |
27 Apr 2022 | £206,990 | £201,000 | 19 GREEN BANK |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 31 Jul 2009. Using an estimated price of £242,554 means this house is valued at £2,400 per sq meter (£222 per sq foot).
The average size of a house on FERNDOWN ROAD is 95 sq meters (1,032 sq feet).