£164,614
This estimated value is based upon the latest sale price for the house of £30,000 on 11 Oct 1996. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£30,000 | 11 Oct 1996 |
Terraced |
Leasehold |
Floor Area: 64 sq meters or 688 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 October 1996 the House Price Index for GREATER MANCHESTER was 27.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 448.715%.Applying this 448.715% change to the original purchase price of £30,000 results in an estimated price of approximately £164,614.
11 Oct 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.1 | 148.6 | 448.715 % | £30,000 | £134,614 | £164,614 |
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 | 230.554 % | £69,166 | £99,166 |
3 Month Average | 274.719 % | £82,415 | £112,415 |
6 Month Average | 292.928 % | £87,878 | £117,878 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £157,007 | £155,000 | 57 FORTON AVENUE |
15 Aug 2023 | £237,074 | £235,000 | 704 BURY ROAD |
14 Jul 2023 | £263,547 | £260,000 | 692 BURY ROAD |
24 Jan 2023 | £224,940 | £226,000 | 694 BURY ROAD |
12 Jan 2023 | £186,123 | £187,000 | 35 FORTON AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 20 Sep 2013. Using an estimated price of £164,614 means this house is valued at £2,572 per sq meter (£238 per sq foot).
The average size of a house on BURY ROAD is 83 sq meters (903 sq feet).