£273,825
This estimated value is based upon the latest sale price for the house of £184,995 on 29 Apr 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £184,995 | 29 Apr 2015 |
| £145,000 | 25 Apr 2002 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,305 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 2015 the House Price Index for GREATER MANCHESTER was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £184,995 results in an estimated price of approximately £273,825.
| 29 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £184,995 | £88,830 | £273,825 |
The Postcode Pricing Model uses changes in average sales price within the BL7 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 | 16.684 % | £30,864 | £215,859 |
| 3 Month Average | 28.684 % | £53,064 | £238,059 |
| 6 Month Average | 33.324 % | £61,647 | £246,642 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2024 | £285,000 | £285,000 | 8 THREADFOLD WAY |
| 15 Dec 2023 | £259,989 | £252,000 | 16 THREADFOLD WAY |
| 7 Dec 2023 | £152,176 | £147,500 | 105 VALLEY MILL |
| 20 Oct 2023 | £148,370 | £145,000 | 304 VALLEY MILL |
| 2 Oct 2023 | £149,905 | £146,500 | 306 VALLEY MILL |
This house has a floor area of 121 sq meters or 1,305 sq feet when measured on 8 Jul 2011. Using an estimated price of £273,826 means this house is valued at £2,257 per sq meter (£209 per sq foot).
The average size of a house on THREADFOLD WAY is 97 sq meters (1,046 sq feet).