£149,809
This estimated value is based upon the latest sale price for the house of £79,000 on 29 Nov 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £79,000 | 29 Nov 2004 |
| £50,000 | 18 Dec 2003 |
| Semi-Detached |
| Freehold |
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 November 2004 the House Price Index for GREATER MANCHESTER was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £79,000 results in an estimated price of approximately £149,809.
| 29 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 149.7 | 89.633 % | £79,000 | £70,809 | £149,809 |
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 | 58.309 % | £46,064 | £125,064 |
| 3 Month Average | 99.158 % | £78,334 | £157,334 |
| 6 Month Average | 94.028 % | £74,282 | £153,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £179,067 | £175,000 | 21 FOUNTAINS AVENUE |
| 15 Sep 2023 | £189,170 | £185,000 | 286 CROMPTON WAY |
| 7 Sep 2023 | £112,480 | £110,000 | 269 CROMPTON WAY |
| 4 Sep 2023 | £112,480 | £110,000 | 301 CROMPTON WAY |
| 29 Mar 2023 | £123,055 | £121,000 | 180 THICKETFORD ROAD |