£153,893
This estimated value is based upon the latest sale price for the house of £116,500 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£116,500 | 16 Dec 2016 |
Semi-Detached |
Leasehold |
Floor Area: 106 sq meters or 1,140 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 2016 the House Price Index for GREATER MANCHESTER was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £116,500 results in an estimated price of approximately £153,893.
16 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £116,500 | £37,393 | £153,893 |
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 | 13.964 % | £16,268 | £132,768 |
3 Month Average | 46.771 % | £54,488 | £170,988 |
6 Month Average | 43.887 % | £51,127 | £167,627 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £123,125 | £120,000 | 15 BRADFORD PARK DRIVE |
8 Sep 2023 | £219,846 | £215,000 | 5 BRADFORD PARK DRIVE |
1 Sep 2023 | £322,100 | £315,000 | 118 RADCLIFFE ROAD |
11 Apr 2023 | £226,231 | £222,000 | 167 RADCLIFFE ROAD |
12 Aug 2022 | £221,034 | £220,000 | 23 BRADFORD PARK DRIVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 22 Apr 2014. Using an estimated price of £153,893 means this house is valued at £1,451 per sq meter (£134 per sq foot).
The average size of a house on HOLLINSWOOD ROAD is 85 sq meters (921 sq feet).
This house is the largest in the street with a floor area of 106 sq meters (1,140 sq feet).