£116,638
This estimated value is based upon the latest sale price for the house of £25,000 on 15 Oct 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £25,000 | 15 Oct 1998 |
| Terraced |
| Leasehold |
| Floor Area: 97 sq meters or 1,044 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 October 1998 the House Price Index for GREATER MANCHESTER was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £25,000 results in an estimated price of approximately £116,638.
| 15 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.555 % | £25,000 | £91,638 | £116,638 |
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 | 282.422 % | £70,605 | £95,605 |
| 3 Month Average | 256.993 % | £64,248 | £89,248 |
| 6 Month Average | 260.226 % | £65,056 | £90,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £80,000 | £80,000 | 8 OLGA STREET |
| 8 May 2024 | £105,000 | £105,000 | FLAT 484 HALLIWELL ROAD |
| 29 Sep 2023 | £95,096 | £93,000 | 443 HALLIWELL ROAD |
| 8 Sep 2023 | £65,443 | £64,000 | 457 HALLIWELL ROAD |
| 13 Jun 2023 | £66,329 | £65,000 | 35 BROUGHTON STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 7 Mar 2016. Using an estimated price of £116,639 means this house is valued at £1,202 per sq meter (£111 per sq foot).
The average size of a house on HALLIWELL ROAD is 91 sq meters (982 sq feet).