£293,674
This estimated value is based upon the latest sale price for the house of £230,000 on 28 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £230,000 | 28 Sep 2017 |
| £220,000 | 29 Jun 2012 |
| £54,000 | 16 Apr 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 95 sq meters or 1,024 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 2017 the House Price Index for GREATER MANCHESTER was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £230,000 results in an estimated price of approximately £293,674.
| 28 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £230,000 | £63,674 | £293,674 |
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 | 84.943 % | £195,369 | £425,369 |
| 3 Month Average | 62.988 % | £144,872 | £374,872 |
| 6 Month Average | 44.490 % | £102,327 | £332,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £258,243 | £256,000 | 8 LINKS ROAD |
| 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 | £113,270 | £111,000 | 24 LINKS ROAD |
This house has a floor area of 95 sq meters or 1,024 sq feet when measured on 8 Mar 2012. Using an estimated price of £293,675 means this house is valued at £3,085 per sq meter (£286 per sq foot).
The average size of a house on HARDY MILL ROAD is 109 sq meters (1,175 sq feet).