£130,102
This estimated value is based upon the latest sale price for the house of £97,000 on 5 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£97,000 | 5 Aug 2016 |
Terraced |
Leasehold |
Floor Area: 72 sq meters or 775 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 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £97,000 results in an estimated price of approximately £130,102.
5 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £97,000 | £33,102 | £130,102 |
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 | 5.930 % | £5,752 | £102,752 |
3 Month Average | 54.477 % | £52,842 | £149,842 |
6 Month Average | 48.780 % | £47,316 | £144,316 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £235,345 | £230,000 | 7 HARWOOD VALE |
22 Feb 2023 | £201,345 | £200,000 | 9 HARWOOD VALE |
8 Nov 2022 | £204,195 | £205,150 | 16 BROOK BANK |
22 Jul 2022 | £303,036 | £300,000 | 20 BROOK HOUSE CLOSE |
21 Sep 2021 | £301,245 | £277,500 | 9 SPRINGWATER CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 15 Nov 2016. Using an estimated price of £130,103 means this house is valued at £1,806 per sq meter (£167 per sq foot).
The average size of a house on CASTLE CROFT is 81 sq meters (875 sq feet).