£394,515
This estimated value is based upon the latest sale price for the house of £217,000 on 21 Aug 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£217,000 | 21 Aug 2009 |
£85,000 | 13 Oct 2000 |
Detached |
Leasehold |
Floor Area: 105 sq meters or 1,130 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 August 2009 the House Price Index for GREATER MANCHESTER was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £217,000 results in an estimated price of approximately £394,515.
21 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.3 | 149.7 | 81.804 % | £217,000 | £177,515 | £394,515 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 7.681 % | £16,668 | £233,668 |
3 Month Average | 19.653 % | £42,647 | £259,647 |
6 Month Average | 37.434 % | £81,232 | £298,232 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jun 2023 | £344,402 | £337,500 | 11 MEADLAND GROVE |
23 Mar 2023 | £213,567 | £210,000 | 2 RUSHFORD GROVE |
16 Feb 2023 | £352,354 | £350,000 | 14 STAMBOURNE DRIVE |
3 Aug 2022 | £170,799 | £170,000 | 700 CROMPTON WAY |
21 Apr 2022 | £326,788 | £315,000 | 19 STAMBOURNE DRIVE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 22 Nov 2016. Using an estimated price of £394,515 means this house is valued at £3,757 per sq meter (£349 per sq foot).
The average size of a house on BARNSTON CLOSE is 119 sq meters (1,283 sq feet).