£1,233,040
This estimated value is based upon the latest sale price for the house of £239,000 on 16 Jun 1997. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £239,000 | 16 Jun 1997 |
| Detached |
| Freehold |
| Floor Area: 250 sq meters or 2,700 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 June 1997 the House Price Index for GREATER MANCHESTER was 29.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 415.917%.Applying this 415.917% change to the original purchase price of £239,000 results in an estimated price of approximately £1,233,040.
| 16 Jun 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 149.7 | 415.917 % | £239,000 | £994,040 | £1,233,040 |
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 | 256.527 % | £613,099 | £852,099 |
| 3 Month Average | 335.198 % | £801,124 | £1,040,124 |
| 6 Month Average | 312.031 % | £745,753 | £984,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £205,000 | £205,000 | 84 SEAFORD ROAD |
| 30 Nov 2023 | £200,079 | £195,000 | 11 NEW GREEN |
| 19 Aug 2022 | £259,714 | £258,500 | 39 SEAFORD ROAD |
| 29 Jul 2022 | £217,176 | £215,000 | 24 SEAFORD ROAD |
| 19 May 2022 | £201,243 | £196,000 | 201 TOTTINGTON ROAD |
This house has a floor area of 250 sq meters or 2,700 sq feet when measured on 13 Oct 2008. Using an estimated price of £1,233,041 means this house is valued at £4,915 per sq meter (£456 per sq foot).
The average size of a house on RIDING GATE is 136 sq meters (1,465 sq feet).
This house is the largest in the street with a floor area of 250 sq meters (2,700 sq feet).