£132,145
This estimated value is based upon the latest sale price for the house of £91,000 on 22 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £91,000 | 22 Jun 2015 |
| £39,950 | 21 Jul 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2015 the House Price Index for GREATER MANCHESTER was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £91,000 results in an estimated price of approximately £132,145.
| 22 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £91,000 | £41,145 | £132,145 |
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 | 44.843 % | £40,806 | £131,806 |
| 3 Month Average | 59.378 % | £54,034 | £145,034 |
| 6 Month Average | 62.459 % | £56,837 | £147,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £157,007 | £155,000 | 57 FORTON AVENUE |
| 15 Aug 2023 | £237,074 | £235,000 | 704 BURY ROAD |
| 14 Jul 2023 | £263,547 | £260,000 | 692 BURY ROAD |
| 24 Jan 2023 | £224,940 | £226,000 | 694 BURY ROAD |
| 12 Jan 2023 | £186,123 | £187,000 | 35 FORTON AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 27 Mar 2015. Using an estimated price of £132,146 means this house is valued at £1,785 per sq meter (£165 per sq foot).