£596,430
This estimated value is based upon the latest sale price for the house of £345,000 on 17 Oct 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£345,000 | 17 Oct 2011 |
£249,500 | 6 Dec 2002 |
£250,000 | 7 Dec 2001 |
Detached |
Leasehold |
Floor Area: 170 sq meters or 1,834 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 October 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £345,000 results in an estimated price of approximately £596,430.
17 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.878 % | £345,000 | £251,430 | £596,430 |
The Postcode Pricing Model uses changes in average sales price within the OL15 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 | 7.550 % | £26,047 | £371,047 |
3 Month Average | 25.814 % | £89,058 | £434,058 |
6 Month Average | 67.667 % | £233,452 | £578,452 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £149,410 | £147,500 | 15 BLACKSTONE EDGE OLD ROAD |
18 Jul 2022 | £235,634 | £235,000 | 22 DURNLAW CLOSE |
11 Feb 2022 | £314,608 | £300,000 | HONRESFELD HALIFAX ROAD |
10 Dec 2021 | £160,653 | £149,950 | 5 BLACKSTONE EDGE OLD ROAD |
7 Dec 2021 | £536 | £500 | 14 SPENCER STREET |
This house has a floor area of 170 sq meters or 1,834 sq feet when measured on 18 Nov 2008. Using an estimated price of £596,430 means this house is valued at £3,500 per sq meter (£325 per sq foot).
The average size of a house on BLACKSTONE EDGE OLD ROAD is 128 sq meters (1,378 sq feet).