£434,229
This estimated value is based upon the latest sale price for the house of £355,000 on 18 May 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £355,000 | 18 May 2020 |
| £165,000 | 18 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 179 sq meters or 1,926 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 May 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £355,000 results in an estimated price of approximately £434,229.
| 18 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £355,000 | £79,229 | £434,229 |
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 | 51.020 % | £181,122 | £536,122 |
| 3 Month Average | 15.737 % | £55,866 | £410,866 |
| 6 Month Average | 25.107 % | £89,129 | £444,129 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £170,176 | £168,000 | 59 HOLLYWOOD ROAD |
| 1 Sep 2023 | £278,562 | £275,000 | 126 CHURCH ROAD |
| 28 Jul 2023 | £506,821 | £500,000 | 130 CHURCH ROAD |
| 30 Jun 2023 | £161,962 | £160,000 | 165 CHURCH ROAD |
| 12 Aug 2022 | £498,658 | £500,000 | 11 MILNHOLME |
This house has a floor area of 179 sq meters or 1,926 sq feet when measured on 12 Jul 2018. Using an estimated price of £434,229 means this house is valued at £2,425 per sq meter (£225 per sq foot).
The average size of a house on HARPERS LANE is 144 sq meters (1,550 sq feet).