£143,500
This estimated value is based upon the latest sale price for the house of £112,000 on 27 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £112,000 | 27 Jun 2017 |
| £35,500 | 16 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 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 2017 the House Price Index for GREATER MANCHESTER was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £112,000 results in an estimated price of approximately £143,500.
| 27 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £112,000 | £31,500 | £143,500 |
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 | 18.697 % | £20,940 | £132,940 |
| 3 Month Average | 44.258 % | £49,569 | £161,569 |
| 6 Month Average | 59.215 % | £66,320 | £178,320 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £129,416 | £127,500 | 7 RUDFORD GARDENS |
| 14 Jul 2023 | £146,978 | £145,000 | 48 SANDHILL CLOSE |
| 28 Apr 2023 | £78,445 | £77,600 | 19 BEECHWOOD STREET |
| 24 Feb 2023 | £111,925 | £112,000 | 6 SANDHILL CLOSE |
| 29 Jul 2022 | £140,378 | £140,000 | 18 DIVISION STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 21 Mar 2017. Using an estimated price of £143,501 means this house is valued at £2,759 per sq meter (£256 per sq foot).
The average size of a house on DIVISION STREET is 78 sq meters (847 sq feet).