£170,531
This estimated value is based upon the latest sale price for the house of £124,000 on 4 Feb 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£124,000 | 4 Feb 2016 |
Semi-Detached |
Freehold |
Floor Area: 217 sq meters or 2,335 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 2016 the House Price Index for GREATER MANCHESTER was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £124,000 results in an estimated price of approximately £170,531.
4 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 149.7 | 37.526 % | £124,000 | £46,531 | £170,531 |
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 | 74.985 % | £92,981 | £216,981 |
3 Month Average | 28.923 % | £35,864 | £159,864 |
6 Month Average | 30.975 % | £38,409 | £162,409 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £200,000 | £200,000 | 11A HARTINGTON ROAD |
14 Dec 2023 | £87,695 | £85,000 | 40 KENDAL ROAD |
9 Oct 2023 | £61,394 | £60,000 | 33 WYRESDALE ROAD |
12 Jun 2023 | £53,063 | £52,000 | APARTMENT 11 106 CHORLEY NEW ROAD |
16 Mar 2023 | £152,548 | £150,000 | 22 WYRESDALE ROAD |
This house has a floor area of 217 sq meters or 2,335 sq feet when measured on 21 Nov 2014. Using an estimated price of £170,532 means this house is valued at £785 per sq meter (£73 per sq foot).
The average size of a house on COLUMBIA ROAD is 203 sq meters (2,190 sq feet).
This house is the largest in the street with a floor area of 217 sq meters (2,335 sq feet).