£417,853
This estimated value is based upon the latest sale price for the house of £239,995 on 10 Dec 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £239,995 | 10 Dec 2009 |
| Semi-Detached |
| Leasehold |
| Floor Area: 133 sq meters or 1,432 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 December 2009 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £239,995 results in an estimated price of approximately £417,853.
| 10 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £239,995 | £177,858 | £417,853 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 42.544 % | £102,103 | £342,098 |
| 3 Month Average | 49.218 % | £118,119 | £358,114 |
| 6 Month Average | 62.333 % | £149,596 | £389,591 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £151,309 | £149,995 | 14 LEWIS DRIVE |
| 12 Apr 2024 | £126,095 | £125,000 | 198 ARGYLE STREET |
| 1 Sep 2023 | £561,375 | £549,000 | 188 BURY OLD ROAD |
| 31 Aug 2023 | £96,745 | £95,000 | 23 MITTON CLOSE |
| 23 Jun 2023 | £134,699 | £132,000 | 195 ARGYLE STREET |
This house has a floor area of 133 sq meters or 1,432 sq feet when measured on 9 Jul 2009. Using an estimated price of £417,853 means this house is valued at £3,138 per sq meter (£291 per sq foot).
The average size of a house on BURY NEW ROAD is 94 sq meters (1,019 sq feet).