£111,584
This estimated value is based upon the latest sale price for the house of £84,000 on 23 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £84,000 | 23 Sep 2016 |
| Semi-Detached |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 September 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £84,000 results in an estimated price of approximately £111,584.
| 23 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £84,000 | £27,584 | £111,584 |
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 | 30.269 % | £25,425 | £109,425 |
| 3 Month Average | 31.507 % | £26,465 | £110,465 |
| 6 Month Average | 43.639 % | £36,656 | £120,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £103,308 | £101,500 | 14 BURNMOOR ROAD |
| 14 Aug 2023 | £186,633 | £185,000 | 79 BURNMOOR ROAD |
| 30 Jun 2023 | £155,888 | £154,000 | 65A BURNMOOR ROAD |
| 24 Apr 2023 | £161,742 | £160,000 | 80 BURNMOOR ROAD |
| 20 Apr 2023 | £158,709 | £157,000 | 125 CROSSDALE ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 30 Jun 2017. Using an estimated price of £111,585 means this house is valued at £1,992 per sq meter (£185 per sq foot).
The average size of a house on BURNMOOR ROAD is 63 sq meters (680 sq feet).