£281,160
This estimated value is based upon the latest sale price for the house of £189,950 on 15 Apr 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £189,950 | 15 Apr 2015 |
| Detached |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 April 2015 the House Price Index for GREATER MANCHESTER was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £189,950 results in an estimated price of approximately £281,160.
| 15 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £189,950 | £91,210 | £281,160 |
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 | 64.718 % | £122,932 | £312,882 |
| 3 Month Average | 77.663 % | £147,521 | £337,471 |
| 6 Month Average | 55.182 % | £104,819 | £294,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £299,194 | £290,000 | 71 BELMONT VIEW |
| 27 Nov 2023 | £288,319 | £281,000 | 138 HARDY MILL ROAD |
| 13 Oct 2023 | £116,649 | £114,000 | 5 PROSPECT AVENUE |
| 28 Sep 2023 | £434,580 | £425,000 | 14 ORCHARD GARDENS |
| 13 Feb 2023 | £265,775 | £264,000 | 81 BELMONT VIEW |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 10 Dec 2014. Using an estimated price of £281,160 means this house is valued at £4,016 per sq meter (£373 per sq foot).
The average size of a house on BELMONT VIEW is 80 sq meters (864 sq feet).