£1,130,381
This estimated value is based upon the latest sale price for the house of £945,000 on 21 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £945,000 | 21 Sep 2020 |
| £775,000 | 3 Aug 2011 |
| £250,000 | 17 May 2002 |
| Detached |
| Leasehold |
| Floor Area: 288 sq meters or 3,100 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 September 2020 the House Price Index for GREATER MANCHESTER was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £945,000 results in an estimated price of approximately £1,130,381.
| 21 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £945,000 | £185,381 | £1,130,381 |
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 | 58.394 % | £551,827 | £1,496,827 |
| 3 Month Average | 10.976 % | £103,723 | £1,048,723 |
| 6 Month Average | 32.608 % | £308,142 | £1,253,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £232,000 | £232,000 | 82 CLEVELANDS DRIVE |
| 3 Apr 2024 | £539,687 | £535,000 | 8 HILL SIDE |
| 22 Sep 2023 | £1,007,203 | £985,000 | 380 CHORLEY NEW ROAD |
| 4 Aug 2023 | £236,261 | £232,000 | 92 CLEVELANDS DRIVE |
| 20 Mar 2023 | £574,596 | £565,000 | 1 CRANARK CLOSE |
This house has a floor area of 288 sq meters or 3,100 sq feet when measured on 14 Aug 2019. Using an estimated price of £1,130,382 means this house is valued at £3,924 per sq meter (£364 per sq foot).
The average size of a house on HILL SIDE is 120 sq meters (1,299 sq feet).
This house is the largest in the street with a floor area of 288 sq meters (3,100 sq feet).