£121,216
This estimated value is based upon the latest sale price for the house of £64,000 on 31 Jan 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £64,000 | 31 Jan 2005 |
| £33,000 | 10 Dec 1997 |
| £15,941 | 20 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 933 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 January 2005 the House Price Index for GREATER MANCHESTER was 79.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £64,000 results in an estimated price of approximately £121,216.
| 31 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 149.7 | 89.400 % | £64,000 | £57,216 | £121,216 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 113.439 % | £72,600 | £136,600 |
| 3 Month Average | 84.480 % | £54,066 | £118,066 |
| 6 Month Average | 66.979 % | £42,866 | £106,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £86,663 | £84,000 | 306 ALBERT ROYDS STREET |
| 30 Nov 2023 | £74,901 | £73,000 | 178 BELFIELD ROAD |
| 28 Nov 2023 | £156,472 | £152,500 | 2 NURSERY GARDENS |
| 18 Aug 2023 | £213,857 | £210,000 | 22 SAMSON STREET |
| 11 Aug 2023 | £157,847 | £155,000 | 127 BELLSHILL CRESCENT |
This house has a floor area of 86 sq meters or 933 sq feet when measured on 11 Jan 2011. Using an estimated price of £121,216 means this house is valued at £1,398 per sq meter (£129 per sq foot).
The average size of a house on BELFIELD LANE is 103 sq meters (1,118 sq feet).