£140,310
This estimated value is based upon the latest sale price for the house of £130,000 on 6 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £130,000 | 6 Dec 2021 |
| £96,999 | 4 May 2018 |
| £52,000 | 15 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 December 2021 the House Price Index for GREATER MANCHESTER was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £130,000 results in an estimated price of approximately £140,310.
| 6 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £130,000 | £10,310 | £140,310 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 1.880 % | £2,444 | £132,444 |
| 3 Month Average | 5.705 % | £7,416 | £137,416 |
| 6 Month Average | 28.266 % | £36,745 | £166,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £163,924 | £162,500 | 70 BROADWAY |
| 29 Aug 2023 | £157,847 | £155,000 | 2 BORLAND AVENUE |
| 2 Apr 2023 | £224,193 | £220,000 | 83 BROADWAY |
| 3 Mar 2023 | £2,181 | £2,145 | 61 BROADWAY |
| 3 Feb 2023 | £222,486 | £221,000 | 171 NUTHURST ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 8 Nov 2021. Using an estimated price of £140,310 means this house is valued at £2,004 per sq meter (£186 per sq foot).
The average size of a house on HEPPLETON ROAD is 86 sq meters (929 sq feet).