£111,563
This estimated value is based upon the latest sale price for the house of £29,995 on 21 Jul 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £29,995 | 21 Jul 2000 |
| £29,950 | 3 Nov 1997 |
| £17,000 | 6 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 July 2000 the House Price Index for GREATER MANCHESTER was 40.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 271.941%.Applying this 271.941% change to the original purchase price of £29,995 results in an estimated price of approximately £111,563.
| 21 Jul 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 148.6 | 271.941 % | £29,995 | £81,568 | £111,563 |
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 | 167.298 % | £50,180 | £80,175 |
| 3 Month Average | 227.987 % | £68,384 | £98,379 |
| 6 Month Average | 241.539 % | £72,449 | £102,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £229,007 | £225,000 | 3 MOSS BANK CLOSE |
| 4 Aug 2023 | £222,950 | £221,000 | 131 MOSS BANK WAY |
| 27 Apr 2023 | £809 | £800 | 1 MOSS BANK CLOSE |
| 3 Apr 2023 | £304,276 | £301,000 | 8 EDEN GROVE |
| 9 Mar 2023 | £80,761 | £80,000 | 12 PENDLE COURT |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 2 May 2013. Using an estimated price of £111,564 means this house is valued at £2,373 per sq meter (£220 per sq foot).
The average size of a house on PENDLE COURT is 70 sq meters (761 sq feet).