£131,017
This estimated value is based upon the latest sale price for the house of £67,500 on 13 Aug 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £67,500 | 13 Aug 2004 |
| Terraced |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 August 2004 the House Price Index for GREATER MANCHESTER was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £67,500 results in an estimated price of approximately £131,017.
| 13 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £67,500 | £63,517 | £131,017 |
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 | 94.816 % | £64,000 | £131,500 |
| 3 Month Average | 100.549 % | £67,870 | £135,370 |
| 6 Month Average | 114.507 % | £77,291 | £144,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £132,028 | £130,000 | 2 PENARTH ROAD |
| 15 Dec 2023 | £151,660 | £147,000 | 20 PENARTH ROAD |
| 20 Nov 2023 | £92,344 | £90,000 | 10 MELBOURNE ROAD |
| 9 Aug 2023 | £91,653 | £90,000 | 306 WILLOWS LANE |
| 15 Mar 2023 | £76,274 | £75,000 | 312 WILLOWS LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Aug 2016. Using an estimated price of £131,017 means this house is valued at £1,770 per sq meter (£164 per sq foot).
The average size of a house on WILLOWS LANE is 87 sq meters (940 sq feet).