£222,357
This estimated value is based upon the latest sale price for the house of £213,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£213,000 | 25 Mar 2022 |
£183,000 | 17 Aug 2016 |
£189,000 | 1 Jul 2003 |
£198,000 | 20 Dec 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 94 sq meters or 1,011 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 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £213,000 results in an estimated price of approximately £222,357.
25 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £213,000 | £9,357 | £222,357 |
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 | 59.091 % | £125,864 | £338,864 |
3 Month Average | 13.942 % | £29,696 | £242,696 |
6 Month Average | 11.211 % | £23,879 | £236,879 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £920,916 | £900,000 | 10 RAVENSWOOD DRIVE |
6 Oct 2023 | £121,766 | £119,000 | FLAT 14 HEATON COURT GARDENS CHORLEY NEW ROAD |
14 Aug 2023 | £102,855 | £101,000 | FLAT 28 HEATON COURT GARDENS CHORLEY NEW ROAD |
7 Jun 2023 | £981,367 | £961,700 | 5 RAVENSWOOD DRIVE |
19 May 2022 | £136,044 | £132,500 | FLAT 18 HEATON COURT GARDENS CHORLEY NEW ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 11 Sep 2013. Using an estimated price of £222,358 means this house is valued at £2,365 per sq meter (£219 per sq foot).
The average size of a house on BELVEDERE HEIGHTS is 222 sq meters (2,396 sq feet).