£226,010
This estimated value is based upon the latest sale price for the house of £145,000 on 28 Jan 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £145,000 | 28 Jan 2008 |
| £64,000 | 7 Jan 1999 |
| £55,000 | 7 Sep 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 January 2008 the House Price Index for GREATER MANCHESTER was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £145,000 results in an estimated price of approximately £226,010.
| 28 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £145,000 | £81,010 | £226,010 |
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 | 21.417 % | £31,054 | £176,054 |
| 3 Month Average | 39.477 % | £57,241 | £202,241 |
| 6 Month Average | 49.615 % | £71,941 | £216,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2023 | £267,520 | £265,000 | 11 CHALE GREEN |
| 13 Jan 2023 | £293,617 | £295,000 | 14 FERNDOWN ROAD |
| 1 Jul 2022 | £145,391 | £145,000 | 60 SOUTH DRIVE |
| 19 May 2022 | £204,350 | £200,500 | 72 SOUTH DRIVE |
| 27 Apr 2022 | £206,990 | £201,000 | 19 GREEN BANK |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 24 Dec 2013. Using an estimated price of £226,011 means this house is valued at £2,404 per sq meter (£223 per sq foot).
The average size of a house on FERNDOWN ROAD is 95 sq meters (1,032 sq feet).