£419,175
This estimated value is based upon the latest sale price for the house of £230,000 on 20 Oct 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £230,000 | 20 Oct 2005 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 October 2005 the House Price Index for GREATER MANCHESTER was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £230,000 results in an estimated price of approximately £419,175.
| 20 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £230,000 | £189,175 | £419,175 |
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 | 38.043 % | £87,499 | £317,499 |
| 3 Month Average | 59.437 % | £136,705 | £366,705 |
| 6 Month Average | 66.902 % | £153,874 | £383,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £323,154 | £317,500 | 3 BLAKEY CLOSE |
| 30 Nov 2022 | £311,230 | £315,000 | 20 OLDSTEAD GROVE |
| 29 Apr 2022 | £272,897 | £265,000 | 8 CRINGLE CLOSE |
| 28 Apr 2022 | £278,046 | £270,000 | 7 BAYSDALE AVENUE |
| 22 Mar 2022 | £362,692 | £350,000 | 8 KILDALE CLOSE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 12 Jul 2012. Using an estimated price of £419,176 means this house is valued at £3,300 per sq meter (£306 per sq foot).
The average size of a house on SALTERGATE CLOSE is 146 sq meters (1,574 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,367 sq feet).