£493,840
This estimated value is based upon the latest sale price for the house of £284,950 on 7 Jun 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £284,950 | 7 Jun 2011 |
| £42,950 | 29 Aug 1997 |
| Detached |
| Leasehold |
| Floor Area: 145 sq meters or 1,560 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 June 2011 the House Price Index for GREATER MANCHESTER was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £284,950 results in an estimated price of approximately £493,840.
| 7 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £284,950 | £208,890 | £493,840 |
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 | 43.167 % | £123,004 | £407,954 |
| 3 Month Average | 58.729 % | £167,348 | £452,298 |
| 6 Month Average | 75.738 % | £215,815 | £500,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2023 | £220,073 | £218,000 | 41 LABURNUM PARK |
| 22 Aug 2022 | £378,980 | £380,000 | 13 WRATH CLOSE |
| 22 Jul 2022 | £471,269 | £470,000 | 1 AIRE DRIVE |
| 19 Jul 2022 | £398,573 | £397,500 | 3 DEARNCAMME CLOSE |
| 13 May 2022 | £392,394 | £385,000 | 35 RYEBURN DRIVE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 6 Oct 2014. Using an estimated price of £493,840 means this house is valued at £3,405 per sq meter (£316 per sq foot).
The average size of a house on HEBBLE CLOSE is 149 sq meters (1,613 sq feet).