£209,175
This estimated value is based upon the latest sale price for the house of £134,000 on 5 Sep 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £134,000 | 5 Sep 2007 |
| £45,950 | 30 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 September 2007 the House Price Index for GREATER MANCHESTER was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £134,000 results in an estimated price of approximately £209,175.
| 5 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £134,000 | £75,175 | £209,175 |
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 | 121.925 % | £163,379 | £297,379 |
| 3 Month Average | 66.827 % | £89,548 | £223,548 |
| 6 Month Average | 55.301 % | £74,102 | £208,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £202,590 | £200,000 | 4 KINGSDALE CLOSE |
| 9 Mar 2023 | £131,236 | £130,000 | CEMETERY LODGE CEMETERY LANE |
| 29 Apr 2022 | £267,748 | £260,000 | 226 GIGG LANE |
| 18 Nov 2021 | £112,477 | £104,000 | 101 RUTLAND DRIVE |
| 26 Feb 2020 | £146,819 | £120,000 | 10 CHERRY CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 15 Nov 2013. Using an estimated price of £209,176 means this house is valued at £3,268 per sq meter (£303 per sq foot).
The average size of a house on ORCHID DRIVE is 67 sq meters (730 sq feet).