£221,016
This estimated value is based upon the latest sale price for the house of £172,500 on 16 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £172,500 | 16 Jun 2017 |
| £68,000 | 21 Feb 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 June 2017 the House Price Index for GREATER MANCHESTER was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £172,500 results in an estimated price of approximately £221,016.
| 16 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £172,500 | £48,516 | £221,016 |
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 | 1.045 % | £1,803 | £174,303 |
| 3 Month Average | 20.736 % | £35,769 | £208,269 |
| 6 Month Average | 36.106 % | £62,282 | £234,782 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Feb 2023 | £215,855 | £216,000 | 14 DOFFCOCKER LANE |
| 27 Apr 2022 | £247,152 | £240,000 | 10 LONGRIDGE CRESCENT |
| 22 Jun 2021 | £312,221 | £291,000 | 27 LONGRIDGE CRESCENT |
| 14 Jun 2021 | £267,158 | £249,000 | 6 BLEASDALE ROAD |
| 10 Jan 2021 | £393,756 | £345,000 | 1 LONGRIDGE CRESCENT |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 13 Mar 2017. Using an estimated price of £221,017 means this house is valued at £2,428 per sq meter (£225 per sq foot).
The average size of a house on NEW CHURCH ROAD is 136 sq meters (1,473 sq feet).