£157,257
This estimated value is based upon the latest sale price for the house of £110,031 on 18 Sep 2015. 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 |
|---|---|
| £110,031 | 18 Sep 2015 |
| Terraced |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 September 2015 the House Price Index for GREATER MANCHESTER was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £110,031 results in an estimated price of approximately £157,257.
| 18 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £110,031 | £47,226 | £157,257 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 23.740 % | £26,120 | £136,151 |
| 3 Month Average | 64.433 % | £70,895 | £180,926 |
| 6 Month Average | 57.895 % | £63,702 | £173,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £230,585 | £223,500 | 5 HAWTHORN BANK |
| 27 Nov 2023 | £267,285 | £260,500 | 8 NEWBRIDGE GARDENS |
| 15 Mar 2023 | £269,501 | £265,000 | 11 CHALE GREEN |
| 27 May 2022 | £246,420 | £240,000 | 366 HOUGH FOLD WAY |
| 25 Apr 2022 | £280,208 | £270,100 | 380 HOUGH FOLD WAY |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 11 Jun 2012. Using an estimated price of £157,257 means this house is valued at £1,941 per sq meter (£180 per sq foot).
The average size of a house on HOUGH FOLD WAY is 93 sq meters (1,011 sq feet).