£173,157
This estimated value is based upon the latest sale price for the house of £103,000 on 22 Feb 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £103,000 | 22 Feb 2013 |
| £90,000 | 7 Nov 2003 |
| £51,000 | 11 Apr 2001 |
| £37,500 | 15 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 February 2013 the House Price Index for GREATER MANCHESTER was 88.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.114%.Applying this 68.114% change to the original purchase price of £103,000 results in an estimated price of approximately £173,157.
| 22 Feb 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.0 | 68.114 % | £103,000 | £70,157 | £173,157 |
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 | 128.615 % | £132,473 | £235,473 |
| 3 Month Average | 49.546 % | £51,032 | £154,032 |
| 6 Month Average | 50.981 % | £52,510 | £155,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £305,785 | £300,000 | 35 LOMOND DRIVE |
| 8 Dec 2023 | £163,085 | £160,000 | 47 WARWICK CLOSE |
| 30 Nov 2023 | £44,319 | £43,750 | 320 WALSHAW ROAD |
| 8 Aug 2022 | £551,275 | £555,000 | 288 WALSHAW ROAD |
| 4 Aug 2022 | £225,477 | £227,000 | 23 LOMOND DRIVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 20 Jan 2014. Using an estimated price of £173,158 means this house is valued at £2,792 per sq meter (£259 per sq foot).
The average size of a house on WARWICK CLOSE is 91 sq meters (987 sq feet).