£480,138
This estimated value is based upon the latest sale price for the house of £280,000 on 4 Jul 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£280,000 | 4 Jul 2012 |
£95,000 | 28 Feb 2002 |
£54,000 | 27 Mar 1997 |
Semi-Detached |
Leasehold |
Floor Area: 67 sq meters or 727 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 July 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £280,000 results in an estimated price of approximately £480,138.
4 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.478 % | £280,000 | £200,138 | £480,138 |
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 | 41.489 % | £116,168 | £396,168 |
3 Month Average | 91.286 % | £255,601 | £535,601 |
6 Month Average | 81.225 % | £227,430 | £507,430 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £255,862 | £248,000 | 13 BROOKSIDE CLOSE |
13 Nov 2023 | £271,902 | £265,000 | 29 NEW HEYS WAY |
1 Jun 2023 | £255,112 | £250,000 | 7 BROOKSIDE CLOSE |
31 Oct 2022 | £333,885 | £335,000 | 25 NEW HEYS WAY |
1 Jun 2022 | £207,945 | £203,500 | 50 BRADSHAW MEADOWS |
This house has a floor area of 67 sq meters or 727 sq feet when measured on 20 Dec 2011. Using an estimated price of £480,138 means this house is valued at £7,106 per sq meter (£660 per sq foot).
The average size of a house on NEW HEYS WAY is 93 sq meters (1,009 sq feet).