£235,794
This estimated value is based upon the latest sale price for the house of £195,000 on 23 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£195,000 | 23 Jul 2020 |
£58,500 | 2 Aug 1996 |
Semi-Detached |
Leasehold |
Floor Area: 68 sq meters or 731 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 2020 the House Price Index for GREATER MANCHESTER was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £195,000 results in an estimated price of approximately £235,794.
23 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £195,000 | £40,794 | £235,794 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 0.211 % | £410 | £195,410 |
3 Month Average | 29.539 % | £57,601 | £252,601 |
6 Month Average | 29.390 % | £57,310 | £252,310 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Jun 2023 | £258,127 | £255,000 | 63 HEATHFIELD DRIVE |
9 Jun 2023 | £253,065 | £250,000 | 59 HEATHFIELD DRIVE |
29 Jul 2022 | £274,238 | £273,500 | 92 SMETHURST LANE |
9 Sep 2021 | £255,389 | £237,000 | 18 MEADOWBANK ROAD |
18 May 2021 | £179,676 | £159,000 | 17 HEATHFIELD DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 23 Jun 2020. Using an estimated price of £235,795 means this house is valued at £3,467 per sq meter (£322 per sq foot).
The average size of a house on HEATHFIELD DRIVE is 80 sq meters (863 sq feet).