£191,693
This estimated value is based upon the latest sale price for the house of £103,000 on 1 Apr 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£103,000 | 1 Apr 2005 |
£41,500 | 17 Apr 2000 |
Terraced |
Leasehold |
Floor Area: 88 sq meters or 947 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 2005 the House Price Index for GREATER MANCHESTER was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £103,000 results in an estimated price of approximately £191,693.
1 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.110 % | £103,000 | £88,693 | £191,693 |
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 | 101.326 % | £104,365 | £207,365 |
3 Month Average | 47.049 % | £48,460 | £151,460 |
6 Month Average | 52.722 % | £54,303 | £157,303 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £172,555 | £170,000 | 247 BOLTON ROAD |
30 Aug 2023 | £201,765 | £200,000 | 253 BOLTON ROAD |
31 Mar 2023 | £151,427 | £150,000 | 3 HULBERT STREET |
24 May 2022 | £156,957 | £154,000 | 201 BOLTON ROAD |
14 Apr 2022 | £83,414 | £81,000 | 34 DEARDENS STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 30 Sep 2019. Using an estimated price of £191,694 means this house is valued at £2,178 per sq meter (£202 per sq foot).
The average size of a house on PROCTOR STREET is 132 sq meters (1,422 sq feet).