£179,023
This estimated value is based upon the latest sale price for the house of £145,500 on 15 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £145,500 | 15 Mar 2019 |
| Semi-Detached |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £145,500 results in an estimated price of approximately £179,023.
| 15 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £145,500 | £33,523 | £179,023 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 47.905 % | £69,701 | £215,201 |
| 3 Month Average | 7.782 % | £11,323 | £156,823 |
| 6 Month Average | 18.824 % | £27,389 | £172,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £201,224 | £200,000 | 18 RIVERBANK DRIVE |
| 18 Aug 2023 | £256,560 | £255,000 | 43 WOODHILL FOLD |
| 11 Aug 2023 | £236,438 | £235,000 | 36 WOODHILL FOLD |
| 1 Aug 2023 | £226,377 | £225,000 | 38 WOODHILL FOLD |
| 28 Apr 2022 | £138,462 | £135,000 | 24 WOODHILL STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 3 Oct 2018. Using an estimated price of £179,023 means this house is valued at £2,841 per sq meter (£263 per sq foot).
The average size of a house on WOODHILL ROAD is 82 sq meters (891 sq feet).