£135,129
This estimated value is based upon the latest sale price for the house of £80,000 on 3 Oct 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £80,000 | 3 Oct 2006 |
| £65,000 | 16 May 2005 |
| Terraced |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 2006 the House Price Index for GREATER MANCHESTER was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £80,000 results in an estimated price of approximately £135,129.
| 3 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £80,000 | £55,129 | £135,129 |
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 | 16.628 % | £13,302 | £93,302 |
| 3 Month Average | 44.415 % | £35,532 | £115,532 |
| 6 Month Average | 52.172 % | £41,737 | £121,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £168,474 | £167,000 | 356 LEVER EDGE LANE |
| 2 Aug 2023 | £226,986 | £225,000 | 64 HIGHER SWAN LANE |
| 26 Nov 2021 | £118,967 | £110,000 | 99 HIGHER SWAN LANE |
| 12 Nov 2021 | £116,263 | £107,500 | 53 HIGHER SWAN LANE |
| 8 Nov 2021 | £94,632 | £87,500 | 413 LEVER EDGE LANE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 12 Mar 2020. Using an estimated price of £135,130 means this house is valued at £1,437 per sq meter (£133 per sq foot).
The average size of a house on HOLMESWOOD ROAD is 93 sq meters (1,005 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,011 sq feet).