£425,018
This estimated value is based upon the latest sale price for the house of £319,950 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £319,950 | 30 Sep 2016 |
| £218,500 | 17 Aug 2001 |
| Detached |
| Leasehold |
| Floor Area: 145 sq meters or 1,560 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 £319,950 results in an estimated price of approximately £425,018.
| 30 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £319,950 | £105,068 | £425,018 |
The Postcode Pricing Model uses changes in average sales price within the BL5 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 | 32.163 % | £102,906 | £422,856 |
| 3 Month Average | 35.134 % | £112,412 | £432,362 |
| 6 Month Average | 41.892 % | £134,034 | £453,984 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £101,781 | £100,000 | 39 SALFORD ROAD |
| 15 Nov 2023 | £218,231 | £215,000 | 1 DAVID BROW |
| 4 Aug 2023 | £279,445 | £277,000 | 825 ST HELENS ROAD |
| 25 Jul 2023 | £197,660 | £195,000 | 99 SALFORD ROAD |
| 9 Jun 2023 | £324,936 | £321,000 | 45 MOORLANDS VIEW |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 13 Jun 2016. Using an estimated price of £425,019 means this house is valued at £2,931 per sq meter (£272 per sq foot).
The average size of a house on PLODDER LANE is 143 sq meters (1,541 sq feet).