£155,176
This estimated value is based upon the latest sale price for the house of £104,995 on 23 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £104,995 | 23 Feb 2015 |
| £52,500 | 17 Oct 1997 |
| Terraced |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 2015 the House Price Index for GREATER MANCHESTER was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £104,995 results in an estimated price of approximately £155,176.
| 23 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £104,995 | £50,181 | £155,176 |
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 | 9.353 % | £9,820 | £114,815 |
| 3 Month Average | 46.158 % | £48,463 | £153,458 |
| 6 Month Average | 53.286 % | £55,947 | £160,942 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jan 2023 | £89,578 | £90,000 | 12 SMETHURST LANE |
| 10 Jan 2023 | £76,639 | £77,000 | 469 ST HELENS ROAD |
| 22 Nov 2022 | £130,420 | £132,000 | 399 ST HELENS ROAD |
| 31 Aug 2022 | £189,490 | £190,000 | 37 HEATHFIELD DRIVE |
| 16 May 2022 | £101,411 | £99,500 | 395 ST HELENS ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 Dec 2014. Using an estimated price of £155,177 means this house is valued at £2,069 per sq meter (£192 per sq foot).
The average size of a house on HEATHFIELD DRIVE is 80 sq meters (863 sq feet).