£267,682
This estimated value is based upon the latest sale price for the house of £265,000 on 21 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £265,000 | 21 Jul 2022 |
| £92,500 | 30 Jan 2001 |
| Semi-Detached |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 2022 the House Price Index for GREATER MANCHESTER was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £265,000 results in an estimated price of approximately £267,682.
| 21 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £265,000 | £2,682 | £267,682 |
The Postcode Pricing Model uses changes in average sales price within the BL5 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 | -0.373 % | £-987 | £264,012 |
| 3 Month Average | 14.541 % | £38,532 | £303,532 |
| 6 Month Average | 3.458 % | £9,163 | £274,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £292,423 | £285,000 | 7 NEWBROOK ROAD |
| 30 Oct 2023 | £260,926 | £255,000 | 11 RUTHERFORD DRIVE |
| 3 Mar 2023 | £228,821 | £225,000 | 19 NEWBROOK ROAD |
| 13 Jan 2023 | £250,670 | £250,000 | 34 NEWBROOK ROAD |
| 21 Jul 2022 | £267,682 | £265,000 | 15 RUTHERFORD DRIVE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 23 Sep 2013. Using an estimated price of £267,682 means this house is valued at £2,788 per sq meter (£259 per sq foot).
The average size of a house on RUTHERFORD DRIVE is 92 sq meters (997 sq feet).