£213,575
This estimated value is based upon the latest sale price for the house of £57,000 on 31 Jul 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £57,000 | 31 Jul 2000 |
| Semi-Detached |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 2000 the House Price Index for GREATER MANCHESTER was 40.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 274.694%.Applying this 274.694% change to the original purchase price of £57,000 results in an estimated price of approximately £213,575.
| 31 Jul 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 149.7 | 274.694 % | £57,000 | £156,575 | £213,575 |
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 | 218.184 % | £124,364 | £181,364 |
| 3 Month Average | 302.526 % | £172,439 | £229,439 |
| 6 Month Average | 292.702 % | £166,840 | £223,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jan 2023 | £295,790 | £295,000 | 14 FERNDOWN ROAD |
| 15 Jul 2022 | £282,834 | £280,000 | 15 DOWN GREEN ROAD |
| 11 Jul 2022 | £287,885 | £285,000 | 20 DOWN GREEN ROAD |
| 29 Apr 2022 | £181,549 | £175,000 | 5 GREENHEYS |
| 27 Apr 2022 | £208,522 | £201,000 | 19 GREEN BANK |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 12 Jul 2012. Using an estimated price of £213,575 means this house is valued at £2,426 per sq meter (£225 per sq foot).
The average size of a house on FERNDOWN ROAD is 95 sq meters (1,032 sq feet).