£241,585
This estimated value is based upon the latest sale price for the house of £134,950 on 20 Feb 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£134,950 | 20 Feb 2006 |
Detached |
Leasehold |
Floor Area: 68 sq meters or 731 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 February 2006 the House Price Index for GREATER MANCHESTER was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £134,950 results in an estimated price of approximately £241,585.
20 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.6 | 149.7 | 79.018 % | £134,950 | £106,635 | £241,585 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 99.324 % | £134,037 | £268,987 |
3 Month Average | 82.468 % | £111,291 | £246,241 |
6 Month Average | 65.107 % | £87,861 | £222,811 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £86,663 | £84,000 | 306 ALBERT ROYDS STREET |
30 Nov 2023 | £74,901 | £73,000 | 178 BELFIELD ROAD |
28 Nov 2023 | £156,472 | £152,500 | 2 NURSERY GARDENS |
18 Aug 2023 | £213,857 | £210,000 | 22 SAMSON STREET |
11 Aug 2023 | £157,847 | £155,000 | 127 BELLSHILL CRESCENT |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 24 Aug 2013. Using an estimated price of £241,585 means this house is valued at £3,552 per sq meter (£330 per sq foot).
The average size of a house on BELFIELD LANE is 103 sq meters (1,118 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).