£300,418
This estimated value is based upon the latest sale price for the house of £280,000 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £280,000 | 28 Jun 2021 |
| £133,000 | 26 Sep 2011 |
| Semi-Detached |
| Leasehold |
| Floor Area: 133 sq meters or 1,431 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 2021 the House Price Index for GREATER MANCHESTER was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £280,000 results in an estimated price of approximately £300,418.
| 28 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £280,000 | £20,418 | £300,418 |
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 | -27.507 % | £-77,018 | £202,981 |
| 3 Month Average | -9.376 % | £-26,252 | £253,747 |
| 6 Month Average | -1.116 % | £-3,124 | £276,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £290,075 | £285,000 | 2 NOOK FIELDS |
| 1 Dec 2023 | £203,562 | £200,000 | 102 SOUTH DRIVE |
| 3 Nov 2023 | £228,381 | £225,000 | 94 SOUTH DRIVE |
| 11 Aug 2023 | £267,339 | £265,000 | 1 RUSLAND DRIVE |
| 9 Sep 2022 | £193,587 | £195,150 | 100 SOUTH DRIVE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 5 Feb 2019. Using an estimated price of £300,419 means this house is valued at £2,258 per sq meter (£209 per sq foot).
The average size of a house on RUSLAND DRIVE is 132 sq meters (1,426 sq feet).