£141,707
This estimated value is based upon the latest sale price for the house of £115,000 on 7 May 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £115,000 | 7 May 2020 |
| £125,000 | 2 Nov 2007 |
| £110,000 | 26 Jan 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 May 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £115,000 results in an estimated price of approximately £141,707.
| 7 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £115,000 | £26,707 | £141,707 |
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 | 90.478 % | £104,049 | £219,049 |
| 3 Month Average | 27.698 % | £31,853 | £146,853 |
| 6 Month Average | 26.306 % | £30,251 | £145,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £175,389 | £170,000 | 151 HARTFORD DRIVE |
| 15 Nov 2023 | £153,907 | £150,000 | 103 HARTFORD DRIVE |
| 6 Oct 2023 | £257,856 | £252,000 | 22 KINGSBURY CLOSE |
| 24 Aug 2023 | £361,520 | £355,000 | 50 KINGSBURY CLOSE |
| 8 Jun 2023 | £227,560 | £223,000 | 25 KINGSBURY CLOSE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 22 Jan 2020. Using an estimated price of £141,707 means this house is valued at £2,285 per sq meter (£212 per sq foot).
The average size of a house on HARTFORD DRIVE is 65 sq meters (704 sq feet).