£300,067
This estimated value is based upon the latest sale price for the house of £243,500 on 5 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£243,500 | 5 Oct 2018 |
£243,500 | 5 Oct 2018 |
Detached |
Leasehold |
Floor Area: 84 sq meters or 904 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 October 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £243,500 results in an estimated price of approximately £300,067.
5 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.231 % | £243,500 | £56,567 | £300,067 |
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 | 13.726 % | £33,423 | £276,923 |
3 Month Average | 21.904 % | £53,335 | £296,835 |
6 Month Average | 18.430 % | £44,876 | £288,376 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Aug 2022 | £383,966 | £385,000 | 51 NEW CHURCH ROAD |
13 May 2022 | £290,473 | £285,000 | 62 NEW CHURCH ROAD |
11 Feb 2022 | £429,965 | £410,000 | 29 GRIZEDALE CLOSE |
14 Jan 2022 | £305,198 | £290,000 | 41 NEW CHURCH ROAD |
12 Nov 2021 | £286,601 | £265,000 | 33 NEW CHURCH ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 Jun 2018. Using an estimated price of £300,067 means this house is valued at £3,572 per sq meter (£331 per sq foot).
The average size of a house on BLEASDALE ROAD is 127 sq meters (1,367 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).