£456,350
This estimated value is based upon the latest sale price for the house of £79,995 on 17 Nov 1995. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£79,995 | 17 Nov 1995 |
Semi-Detached |
Freehold |
Floor Area: 126 sq meters or 1,356 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 November 1995 the House Price Index for GREATER MANCHESTER was 26.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 470.474%.Applying this 470.474% change to the original purchase price of £79,995 results in an estimated price of approximately £456,350.
17 Nov 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.0 | 148.6 | 470.474 % | £79,995 | £376,355 | £456,350 |
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 | 209.226 % | £167,370 | £247,365 |
3 Month Average | 287.572 % | £230,042 | £310,037 |
6 Month Average | 320.457 % | £256,349 | £336,344 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £369,980 | £365,000 | 7 SPRINGWATER CLOSE |
21 Sep 2021 | £299,032 | £277,500 | 9 SPRINGWATER CLOSE |
9 Jul 2021 | £222,957 | £194,000 | 37 CASTLE CROFT |
25 Jun 2021 | £157,720 | £147,000 | 31 LITTLE HARWOOD LEE |
18 Jun 2021 | £182,397 | £170,000 | 4 HARLEY AVENUE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 14 Jun 2012. Using an estimated price of £456,350 means this house is valued at £3,621 per sq meter (£336 per sq foot).
The average size of a house on SPRINGWATER CLOSE is 123 sq meters (1,330 sq feet).