£200,777
This estimated value is based upon the latest sale price for the house of £97,500 on 8 Apr 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£97,500 | 8 Apr 2004 |
Semi-Detached |
Leasehold |
Floor Area: 95 sq meters or 1,022 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 2004 the House Price Index for GREATER MANCHESTER was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £97,500 results in an estimated price of approximately £200,777.
8 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.7 | 149.7 | 105.925 % | £97,500 | £103,277 | £200,777 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 116.517 % | £113,604 | £211,104 |
3 Month Average | 147.192 % | £143,512 | £241,012 |
6 Month Average | 162.476 % | £158,413 | £255,913 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £167,575 | £165,000 | 71 HIGHER SWAN LANE |
18 Mar 2024 | £101,560 | £100,000 | 83 HIGHER SWAN LANE |
2 Aug 2023 | £229,133 | £225,000 | 64 HIGHER SWAN LANE |
4 May 2022 | £184,815 | £180,000 | 32 HIGHER SWAN LANE |
26 Nov 2021 | £119,847 | £110,000 | 99 HIGHER SWAN LANE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 14 Nov 2016. Using an estimated price of £200,777 means this house is valued at £2,113 per sq meter (£196 per sq foot).
The average size of a house on HIGHER SWAN LANE is 96 sq meters (1,037 sq feet).