£212,044
This estimated value is based upon the latest sale price for the house of £170,000 on 1 May 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £170,000 | 1 May 2018 |
| £125,000 | 17 Aug 2006 |
| £83,000 | 18 Jul 2002 |
| £63,000 | 6 Apr 2001 |
| £44,000 | 10 Oct 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 May 2018 the House Price Index for GREATER MANCHESTER was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £170,000 results in an estimated price of approximately £212,044.
| 1 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £170,000 | £42,044 | £212,044 |
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 | 12.207 % | £20,751 | £190,751 |
| 3 Month Average | 40.006 % | £68,009 | £238,009 |
| 6 Month Average | 42.752 % | £72,677 | £242,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £275,711 | £272,000 | 8 FARLAND PLACE |
| 24 Mar 2023 | £283,673 | £281,000 | 184 ARMADALE ROAD |
| 6 Apr 2022 | £185,364 | £180,000 | 18 RIMSDALE WALK |
| 21 Jan 2022 | £336,771 | £320,000 | 5 THE WALKWAY |
| 4 Nov 2021 | £210,895 | £195,000 | 128 JUNCTION ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 28 Mar 2018. Using an estimated price of £212,044 means this house is valued at £2,554 per sq meter (£237 per sq foot).
There is one other house on the street which we know the size of, this is 15 BROADFORD ROAD it is 83.0