£409,862
This estimated value is based upon the latest sale price for the house of £240,000 on 25 Jan 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £240,000 | 25 Jan 2013 |
| £121,200 | 25 Mar 1999 |
| Detached |
| Leasehold |
| Floor Area: 125 sq meters or 1,345 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 January 2013 the House Price Index for GREATER MANCHESTER was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £240,000 results in an estimated price of approximately £409,862.
| 25 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.776 % | £240,000 | £169,862 | £409,862 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 90.939 % | £218,253 | £458,253 |
| 3 Month Average | 75.277 % | £180,665 | £420,665 |
| 6 Month Average | 80.255 % | £192,612 | £432,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £400,000 | £400,000 | 11 NEWSTEAD DRIVE |
| 8 Dec 2023 | £180,548 | £175,000 | 661 ST HELENS ROAD |
| 29 Jul 2022 | £383,846 | £380,000 | 28 SONNING DRIVE |
| 13 Apr 2022 | £414,969 | £400,000 | 4 SONNING DRIVE |
| 4 Mar 2022 | £193,128 | £185,000 | 7 HULTON VALE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 5 Oct 2012. Using an estimated price of £409,863 means this house is valued at £3,278 per sq meter (£304 per sq foot).
The average size of a house on SONNING DRIVE is 141 sq meters (1,525 sq feet).