£249,229
This estimated value is based upon the latest sale price for the house of £145,000 on 26 Apr 2012. 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 | 26 Apr 2012 |
Detached |
Freehold |
Floor Area: 79 sq meters or 856 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 2012 the House Price Index for GREATER MANCHESTER was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.883%.Applying this 71.883% change to the original purchase price of £145,000 results in an estimated price of approximately £249,229.
26 Apr 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.883 % | £145,000 | £104,229 | £249,229 |
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 | 69.713 % | £101,083 | £246,083 |
3 Month Average | 74.328 % | £107,775 | £252,775 |
6 Month Average | 73.851 % | £107,083 | £252,083 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £327,565 | £317,500 | 3 BLAKEY CLOSE |
30 Nov 2022 | £313,534 | £315,000 | 20 OLDSTEAD GROVE |
29 Apr 2022 | £274,917 | £265,000 | 8 CRINGLE CLOSE |
28 Apr 2022 | £280,104 | £270,000 | 7 BAYSDALE AVENUE |
22 Mar 2022 | £365,377 | £350,000 | 8 KILDALE CLOSE |
This house has a floor area of 79 sq meters or 856 sq feet when measured on 7 Oct 2011. Using an estimated price of £249,230 means this house is valued at £3,133 per sq meter (£291 per sq foot).
The average size of a house on SALTERGATE CLOSE is 146 sq meters (1,574 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (856 sq feet).