£72,950
This estimated value is based upon the latest sale price for the house of £22,000 on 22 Aug 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £22,000 | 22 Aug 2001 |
| £20,000 | 5 Mar 2001 |
| Terraced |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 August 2001 the House Price Index for GREATER MANCHESTER was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £22,000 results in an estimated price of approximately £72,950.
| 22 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £22,000 | £50,950 | £72,950 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 214.197 % | £47,123 | £69,123 |
| 3 Month Average | 271.769 % | £59,789 | £81,789 |
| 6 Month Average | 290.715 % | £63,957 | £85,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £91,352 | £90,000 | 10 MELBOURNE ROAD |
| 27 Apr 2023 | £126,361 | £125,000 | 41 PARK VIEW ROAD |
| 6 Dec 2021 | £123,208 | £115,000 | 17 PARK VIEW ROAD |
| 16 Jul 2021 | £103,434 | £90,000 | 163 WILLOWS LANE |
| 6 Nov 2020 | £92,748 | £80,000 | 6 HIGH VIEW STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 1 May 2020. Using an estimated price of £72,951 means this house is valued at £1,122 per sq meter (£104 per sq foot).
The average size of a house on WILLOWS LANE is 87 sq meters (940 sq feet).