£125,978
This estimated value is based upon the latest sale price for the house of £27,000 on 20 Aug 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £27,000 | 20 Aug 1998 |
| Terraced |
| Leasehold |
| Floor Area: 128 sq meters or 1,377 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 August 1998 the House Price Index for GREATER MANCHESTER was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £27,000 results in an estimated price of approximately £125,978.
| 20 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 366.588 % | £27,000 | £98,978 | £125,978 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 386.441 % | £104,338 | £131,338 |
| 3 Month Average | 315.963 % | £85,309 | £112,309 |
| 6 Month Average | 302.420 % | £81,653 | £108,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £97,443 | £96,000 | 32A BURY NEW ROAD |
| 7 Jul 2023 | £131,723 | £129,950 | 36A BURY NEW ROAD |
| 12 Jun 2023 | £182,207 | £180,000 | 79 CASTLE STREET |
| 28 Apr 2023 | £146,578 | £145,000 | 58 BURY NEW ROAD |
| 3 Apr 2023 | £116,252 | £115,000 | 56 BURY NEW ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 18 Sep 2012. Using an estimated price of £125,979 means this house is valued at £984 per sq meter (£91 per sq foot).
The average size of a house on BURY NEW ROAD is 96 sq meters (1,034 sq feet).