£293,312
This estimated value is based upon the latest sale price for the house of £168,000 on 14 Jun 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £168,000 | 14 Jun 2011 |
| Semi-Detached |
| Leasehold |
| Floor Area: 91 sq meters or 983 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 June 2011 the House Price Index for GREATER MANCHESTER was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £168,000 results in an estimated price of approximately £293,312.
| 14 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 149.7 | 74.591 % | £168,000 | £125,312 | £293,312 |
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 | 57.906 % | £97,282 | £265,282 |
| 3 Month Average | 87.902 % | £147,675 | £315,675 |
| 6 Month Average | 74.849 % | £125,745 | £293,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £258,243 | £256,000 | 8 LINKS ROAD |
| 13 Oct 2023 | £116,649 | £114,000 | 5 PROSPECT AVENUE |
| 16 Jun 2023 | £113,270 | £111,000 | 24 LINKS ROAD |
| 6 Apr 2023 | £173,240 | £170,000 | 18 DAVENPORT FOLD ROAD |
| 31 Aug 2022 | £261,221 | £260,000 | 14 LINKS ROAD |
This house has a floor area of 91 sq meters or 983 sq feet when measured on 22 Mar 2011. Using an estimated price of £293,312 means this house is valued at £3,211 per sq meter (£298 per sq foot).
The average size of a house on HARDY MILL ROAD is 109 sq meters (1,175 sq feet).