£100,728
This estimated value is based upon the latest sale price for the house of £71,000 on 28 Sep 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £71,000 | 28 Sep 2015 |
| Terraced |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 2015 the House Price Index for GREATER MANCHESTER was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £71,000 results in an estimated price of approximately £100,728.
| 28 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £71,000 | £29,728 | £100,728 |
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 | -3.383 % | £-2,401 | £68,598 |
| 3 Month Average | 49.787 % | £35,348 | £106,348 |
| 6 Month Average | 50.937 % | £36,165 | £107,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £126,103 | £125,000 | 5 MILFORD ROAD |
| 31 Jul 2023 | £136,842 | £135,000 | 68 CALVERT ROAD |
| 1 Mar 2023 | £151,427 | £150,000 | 37A LEVER EDGE LANE |
| 28 Nov 2022 | £123,504 | £125,000 | 80 CALVERT ROAD |
| 10 Sep 2021 | £99,139 | £92,000 | 58 PENNINGTON ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 29 Aug 2014. Using an estimated price of £100,728 means this house is valued at £1,049 per sq meter (£97 per sq foot).
The average size of a house on CALVERT ROAD is 88 sq meters (953 sq feet).