£809,048
This estimated value is based upon the latest sale price for the house of £775,000 on 30 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £775,000 | 30 Mar 2022 |
| £420,000 | 28 Mar 2014 |
| Detached |
| Leasehold |
| Floor Area: 202 sq meters or 2,174 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 March 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £775,000 results in an estimated price of approximately £809,048.
| 30 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £775,000 | £34,048 | £809,048 |
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 | -11.851 % | £-91,848 | £683,151 |
| 3 Month Average | -8.442 % | £-65,422 | £709,577 |
| 6 Month Average | 1.144 % | £8,866 | £783,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £264,057 | £260,000 | 241 HOLCOMBE ROAD |
| 2 Nov 2023 | £230,860 | £225,000 | 259 HOLCOMBE ROAD |
| 20 Oct 2023 | £281,391 | £275,000 | 35 BROOKSIDE CRESCENT |
| 18 Sep 2023 | £276,086 | £270,000 | 209 HOLCOMBE ROAD |
| 4 Aug 2023 | £379,342 | £372,500 | 17 GREENSIDE DRIVE |
This house has a floor area of 202 sq meters or 2,174 sq feet when measured on 7 Mar 2014. Using an estimated price of £809,048 means this house is valued at £4,005 per sq meter (£372 per sq foot).
The average size of a house on LODGE SIDE is 144 sq meters (1,552 sq feet).