£209,843
This estimated value is based upon the latest sale price for the house of £181,000 on 19 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £181,000 | 19 Nov 2020 |
| £130,000 | 3 Jun 2020 |
| £56,950 | 4 Sep 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 118 sq meters or 1,270 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 November 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £181,000 results in an estimated price of approximately £209,843.
| 19 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £181,000 | £28,843 | £209,843 |
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 | 2.304 % | £4,169 | £185,169 |
| 3 Month Average | 21.205 % | £38,381 | £219,381 |
| 6 Month Average | 33.610 % | £60,833 | £241,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £249,363 | £245,000 | 14 MANNINGHAM ROAD |
| 17 Nov 2023 | £253,757 | £250,000 | 206 WIGAN ROAD |
| 6 Nov 2023 | £228,381 | £225,000 | 204 WIGAN ROAD |
| 31 Aug 2023 | £267,339 | £265,000 | 6 MANNINGHAM ROAD |
| 13 Mar 2023 | £94,894 | £94,000 | 8 LENORA STREET |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 27 Aug 2020. Using an estimated price of £209,843 means this house is valued at £1,778 per sq meter (£165 per sq foot).
The average size of a house on GRANGE ROAD is 151 sq meters (1,625 sq feet).
This house is the smallest in the street with a floor area of 118 sq meters (1,270 sq feet).