£241,106
This estimated value is based upon the latest sale price for the house of £137,000 on 1 Oct 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £137,000 | 1 Oct 2009 |
| £55,000 | 6 Sep 1996 |
| Terraced |
| Leasehold |
| Floor Area: 122 sq meters or 1,313 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 October 2009 the House Price Index for GREATER MANCHESTER was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £137,000 results in an estimated price of approximately £241,106.
| 1 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 148.6 | 75.990 % | £137,000 | £104,106 | £241,106 |
The Postcode Pricing Model uses changes in average sales price within the BL9 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 | 111.148 % | £152,272 | £289,272 |
| 3 Month Average | 68.138 % | £93,348 | £230,348 |
| 6 Month Average | 60.746 % | £83,221 | £220,221 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £131,954 | £130,000 | 141 MANCHESTER ROAD |
| 2 Jun 2023 | £116,359 | £114,950 | FLAT 5 THE SIDINGS FRECHEVILLE COURT |
| 28 Apr 2023 | £121,306 | £120,000 | FLAT 31 THE SIDINGS FRECHEVILLE COURT |
| 27 Mar 2023 | £287,711 | £285,000 | 43 PARLIAMENT STREET |
| 4 Oct 2022 | £346,272 | £350,000 | NEWSHAM HOUSE, 103 MANCHESTER ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 15 Jun 2015. Using an estimated price of £241,107 means this house is valued at £1,976 per sq meter (£183 per sq foot).
The average size of a house on PARLIAMENT STREET is 165 sq meters (1,779 sq feet).