£229,663
This estimated value is based upon the latest sale price for the house of £126,000 on 22 Jul 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £126,000 | 22 Jul 2009 |
| Semi-Detached |
| Leasehold |
| Floor Area: 63 sq meters or 687 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 July 2009 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 82.273%.Applying this 82.273% change to the original purchase price of £126,000 results in an estimated price of approximately £229,663.
| 22 Jul 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.273 % | £126,000 | £103,663 | £229,663 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 87.667 % | £110,459 | £236,459 |
| 3 Month Average | 36.635 % | £46,160 | £172,160 |
| 6 Month Average | 48.985 % | £61,721 | £187,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £350,720 | £346,000 | 37 BOWES CLOSE |
| 13 Jan 2023 | £666,859 | £670,000 | 8 BEECHWOOD COURT |
| 1 Jul 2022 | £200,540 | £200,000 | 6 HAWES CLOSE |
| 4 Feb 2022 | £230,713 | £220,000 | 11 KELD CLOSE |
| 6 Dec 2021 | £267,839 | £249,995 | 26 KELD CLOSE |
This house has a floor area of 63 sq meters or 687 sq feet when measured on 6 Mar 2009. Using an estimated price of £229,664 means this house is valued at £3,594 per sq meter (£333 per sq foot).
The average size of a house on BOWES CLOSE is 87 sq meters (940 sq feet).