£215,393
This estimated value is based upon the latest sale price for the house of £79,950 on 13 Sep 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £79,950 | 13 Sep 2002 |
| Semi-Detached |
| Leasehold |
| Floor Area: 116 sq meters or 1,248 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 2002 the House Price Index for GREATER MANCHESTER was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £79,950 results in an estimated price of approximately £215,393.
| 13 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 148.6 | 169.411 % | £79,950 | £135,443 | £215,393 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 265.972 % | £212,644 | £292,594 |
| 3 Month Average | 233.012 % | £186,293 | £266,243 |
| 6 Month Average | 233.117 % | £186,377 | £266,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £191,448 | £189,000 | 215 BREIGHTMET FOLD LANE |
| 20 Apr 2023 | £158,709 | £157,000 | 125 CROSSDALE ROAD |
| 3 May 2022 | £224,225 | £220,000 | BOWLING GREEN, 271 BURY ROAD |
| 28 Apr 2022 | £190,513 | £185,000 | 14 LORTON GROVE |
| 13 Apr 2022 | £223,466 | £217,000 | 2 BREIGHTMET FOLD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 8 Aug 2020. Using an estimated price of £215,394 means this house is valued at £1,856 per sq meter (£172 per sq foot).
The average size of a house on LORTON GROVE is 98 sq meters (1,057 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,248 sq feet).