£116,449
This estimated value is based upon the latest sale price for the house of £72,000 on 28 Mar 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£72,000 | 28 Mar 2007 |
£66,000 | 24 Nov 2006 |
£12,500 | 15 Oct 2001 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 March 2007 the House Price Index for GREATER MANCHESTER was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £72,000 results in an estimated price of approximately £116,449.
28 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.735 % | £72,000 | £44,449 | £116,449 |
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 | -2.524 % | £-1,817 | £70,182 |
3 Month Average | 15.556 % | £11,200 | £83,200 |
6 Month Average | 28.119 % | £20,245 | £92,245 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £106,287 | £105,000 | 12 MARLBOROUGH COURT CHORLEY OLD ROAD |
24 Mar 2023 | £131,236 | £130,000 | 24 CRAVEN PLACE |
17 Mar 2023 | £146,379 | £145,000 | 1072 CHORLEY OLD ROAD |
13 Oct 2022 | £24,734 | £25,000 | HOLLIN HEY BARN ROMNEY ROAD |
2 Sep 2022 | £128,959 | £130,000 | 1028 CHORLEY OLD ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 13 Sep 2013. Using an estimated price of £116,449 means this house is valued at £1,437 per sq meter (£133 per sq foot).
The average size of a house on CRAVEN PLACE is 96 sq meters (1,041 sq feet).