£359,406
This estimated value is based upon the latest sale price for the house of £247,500 on 18 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £247,500 | 18 Jun 2015 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 June 2015 the House Price Index for GREATER MANCHESTER was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £247,500 results in an estimated price of approximately £359,406.
| 18 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £247,500 | £111,906 | £359,406 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | 101.326 % | £250,781 | £498,281 |
| 3 Month Average | 84.689 % | £209,604 | £457,104 |
| 6 Month Average | 78.496 % | £194,276 | £441,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £225,336 | £222,000 | 54 BLEAK HEY ROAD |
| 14 Jul 2023 | £491,617 | £485,000 | 28 GRESTY AVENUE |
| 27 Mar 2023 | £252,378 | £250,000 | 46 LOMOND ROAD |
| 18 Nov 2022 | £382,368 | £387,000 | 10 GOLDIE AVENUE |
| 13 Sep 2022 | £178,558 | £180,000 | 62 BLEAK HEY ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 21 Apr 2015. Using an estimated price of £359,407 means this house is valued at £3,558 per sq meter (£330 per sq foot).
The average size of a house on PASTURE FIELD ROAD is 146 sq meters (1,573 sq feet).