£123,953
This estimated value is based upon the latest sale price for the house of £108,000 on 24 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £108,000 | 24 Dec 2020 |
| £67,000 | 19 Sep 2006 |
| Terraced |
| Leasehold |
| 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 December 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £108,000 results in an estimated price of approximately £123,953.
| 24 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £108,000 | £15,953 | £123,953 |
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 | -4.950 % | £-5,346 | £102,653 |
| 3 Month Average | 19.189 % | £20,724 | £128,724 |
| 6 Month Average | 26.762 % | £28,902 | £136,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £91,603 | £90,000 | 11 EUSTACE STREET |
| 25 Sep 2023 | £70,907 | £70,000 | 16 WOODFIELD STREET |
| 24 Mar 2023 | £110,996 | £109,950 | 6 WOODGATE STREET |
| 7 Mar 2023 | £60,571 | £60,000 | 21 EUSTACE STREET |
| 25 Oct 2022 | £71,214 | £71,981 | 15 BRADFORD ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 8 Nov 2019. Using an estimated price of £123,953 means this house is valued at £1,227 per sq meter (£114 per sq foot).
The average size of a house on BRADFORD ROAD is 105 sq meters (1,137 sq feet).