£112,237
This estimated value is based upon the latest sale price for the house of £80,500 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £80,500 | 11 Dec 2015 |
| £15,400 | 24 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 December 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £80,500 results in an estimated price of approximately £112,237.
| 11 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £80,500 | £31,737 | £112,237 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 63.019 % | £50,730 | £131,230 |
| 3 Month Average | 48.123 % | £38,739 | £119,239 |
| 6 Month Average | 54.988 % | £44,265 | £124,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £100,876 | £100,000 | 5 CHELSEA ROAD |
| 17 Nov 2023 | £146,211 | £142,500 | 18 ROSENEATH ROAD |
| 4 Aug 2023 | £170,067 | £167,000 | 356 LEVER EDGE LANE |
| 8 Feb 2023 | £207,385 | £206,000 | 38 ROSENEATH ROAD |
| 16 Aug 2022 | £85,399 | £85,000 | 432 LEVER EDGE LANE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 13 Jul 2015. Using an estimated price of £112,238 means this house is valued at £1,206 per sq meter (£112 per sq foot).