£117,150
This estimated value is based upon the latest sale price for the house of £69,000 on 15 Oct 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £69,000 | 15 Oct 2012 |
| £69,000 | 15 Oct 2012 |
| Semi-Detached |
| Leasehold |
| Floor Area: 104 sq meters or 1,119 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 October 2012 the House Price Index for GREATER MANCHESTER was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £69,000 results in an estimated price of approximately £117,150.
| 15 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £69,000 | £48,150 | £117,150 |
The Postcode Pricing Model uses changes in average sales price within the BL9 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 | 153.956 % | £106,229 | £175,229 |
| 3 Month Average | 82.491 % | £56,918 | £125,918 |
| 6 Month Average | 73.460 % | £50,687 | £119,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £131,954 | £130,000 | 141 MANCHESTER ROAD |
| 28 Sep 2023 | £99,269 | £98,000 | 39 WATERLOO COURT |
| 15 Sep 2023 | £243,108 | £240,000 | 4 OLIVANT STREET |
| 29 Aug 2023 | £827,237 | £820,000 | 146 - 148 MANCHESTER ROAD |
| 2 Aug 2023 | £292,559 | £290,000 | 102 MANCHESTER ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 26 Apr 2012. Using an estimated price of £117,150 means this house is valued at £1,126 per sq meter (£104 per sq foot).
The average size of a house on MANCHESTER ROAD is 116 sq meters (1,248 sq feet).