£134,539
This estimated value is based upon the latest sale price for the house of £79,950 on 7 Aug 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £79,950 | 7 Aug 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 August 2008 the House Price Index for GREATER MANCHESTER was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £79,950 results in an estimated price of approximately £134,539.
| 7 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.6 | 68.280 % | £79,950 | £54,589 | £134,539 |
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 | 27.111 % | £21,675 | £101,625 |
| 3 Month Average | 21.896 % | £17,505 | £97,455 |
| 6 Month Average | 28.657 % | £22,911 | £102,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £188,295 | £185,000 | 19 RESERVOIR STREET |
| 23 Nov 2023 | £78,157 | £77,000 | 112 BELFIELD ROAD |
| 31 Aug 2023 | £100,883 | £100,000 | 15 FARM WALK |
| 28 Jul 2023 | £70,955 | £70,000 | 97 BELLSHILL CRESCENT |
| 19 Jun 2023 | £178,816 | £176,650 | 87 CLOVER HALL CRESCENT |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 5 Feb 2014. Using an estimated price of £134,540 means this house is valued at £1,868 per sq meter (£173 per sq foot).
The average size of a house on BEAL CRESCENT is 116 sq meters (1,248 sq feet).