£234,950
This estimated value is based upon the latest sale price for the house of £185,000 on 8 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £185,000 | 8 Nov 2017 |
| Semi-Detached |
| Leasehold |
| Floor Area: 121 sq meters or 1,302 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 November 2017 the House Price Index for GREATER MANCHESTER was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £185,000 results in an estimated price of approximately £234,950.
| 8 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £185,000 | £49,950 | £234,950 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 85.029 % | £157,303 | £342,303 |
| 3 Month Average | 30.791 % | £56,964 | £241,964 |
| 6 Month Average | 28.853 % | £53,378 | £238,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £138,137 | £135,000 | 11 MALLETT CRESCENT |
| 26 Aug 2022 | £386,809 | £385,000 | 51 NEW CHURCH ROAD |
| 25 Jul 2022 | £81,820 | £81,000 | 30 MARLD CRESCENT |
| 13 May 2022 | £292,623 | £285,000 | 62 NEW CHURCH ROAD |
| 11 Feb 2022 | £116,210 | £110,000 | 3 BACK CALEY STREET |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 27 Jul 2017. Using an estimated price of £234,950 means this house is valued at £1,941 per sq meter (£180 per sq foot).
The average size of a house on MARLWOOD ROAD is 142 sq meters (1,529 sq feet).