£142,123
This estimated value is based upon the latest sale price for the house of £118,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £118,000 | 27 Mar 2020 |
| £37,000 | 14 May 1999 |
| £28,000 | 30 Nov 1995 |
| Terraced |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 March 2020 the House Price Index for GREATER MANCHESTER was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £118,000 results in an estimated price of approximately £142,123.
| 27 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £118,000 | £24,123 | £142,123 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 34.277 % | £40,447 | £158,447 |
| 3 Month Average | 22.512 % | £26,563 | £144,563 |
| 6 Month Average | 14.471 % | £17,076 | £135,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £145,865 | £144,000 | 63 HAWARDEN STREET |
| 20 Mar 2023 | £95,904 | £95,000 | 42 BAR LANE |
| 20 Mar 2023 | £85,808 | £85,000 | 47 BAR LANE |
| 9 Nov 2022 | £123,504 | £125,000 | 46 BAR LANE |
| 22 Jul 2022 | £110,798 | £110,500 | 12 KIMBERLEY ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 24 Jun 2019. Using an estimated price of £142,124 means this house is valued at £1,561 per sq meter (£145 per sq foot).
The average size of a house on WESTMINSTER ROAD is 79 sq meters (852 sq feet).
This house is the largest in the street with a floor area of 91 sq meters (979 sq feet).