£422,882
This estimated value is based upon the latest sale price for the house of £369,950 on 7 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £369,950 | 7 Dec 2020 |
| £289,950 | 10 Nov 2014 |
| Detached |
| Leasehold |
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 December 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £369,950 results in an estimated price of approximately £422,882.
| 7 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £369,950 | £52,932 | £422,882 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 31.569 % | £116,790 | £486,740 |
| 3 Month Average | -5.378 % | £-19,894 | £350,055 |
| 6 Month Average | 9.365 % | £34,647 | £404,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2022 | £159,280 | £152,500 | 327 BURY ROAD |
| 30 Sep 2021 | £236,113 | £220,000 | 14 CAMBERLEY CLOSE |
| 25 Jun 2021 | £528,953 | £495,000 | 375 BURY ROAD |
| 7 Dec 2020 | £422,882 | £369,950 | 108 SCOBELL STREET |
| 21 Aug 2020 | £213,766 | £179,000 | 12 CAMBERLEY CLOSE |