£205,628
This estimated value is based upon the latest sale price for the house of £157,000 on 17 Feb 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £157,000 | 17 Feb 2017 |
| Semi-Detached |
| Leasehold |
| Floor Area: 126 sq meters or 1,356 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 February 2017 the House Price Index for GREATER MANCHESTER was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £157,000 results in an estimated price of approximately £205,628.
| 17 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £157,000 | £48,628 | £205,628 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 85.154 % | £133,691 | £290,691 |
| 3 Month Average | 52.057 % | £81,730 | £238,730 |
| 6 Month Average | 91.250 % | £143,262 | £300,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £240,000 | £240,000 | 179 BURY NEW ROAD |
| 26 Apr 2024 | £110,964 | £110,000 | 3 TOP OF HEAP |
| 9 Oct 2023 | £114,603 | £112,000 | 7 TOP OF HEAP |
| 31 Aug 2023 | £96,745 | £95,000 | 23 MITTON CLOSE |
| 3 Feb 2022 | £135,227 | £128,000 | 109 LONGRIDGE DRIVE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 11 Jul 2014. Using an estimated price of £205,628 means this house is valued at £1,631 per sq meter (£151 per sq foot).
The average size of a house on BURY NEW ROAD is 94 sq meters (1,019 sq feet).