£851,498
This estimated value is based upon the latest sale price for the house of £232,000 on 12 Jan 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£232,000 | 12 Jan 2001 |
Detached |
Freehold |
Floor Area: 198 sq meters or 2,131 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 January 2001 the House Price Index for GREATER MANCHESTER was 27.9.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 267.025%.Applying this 267.025% change to the original purchase price of £232,000 results in an estimated price of approximately £851,498.
12 Jan 2001 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.9 | 102.4 | 267.025 % | £232,000 | £619,498 | £851,498 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 245.759 % | £570,159 | £802,159 |
3 Month Average | 186.998 % | £433,835 | £665,835 |
6 Month Average | 237.198 % | £550,300 | £782,300 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2024 | £568,325 | £560,000 | 6 SWIFT ROAD |
20 Nov 2023 | £748,066 | £713,000 | 23 BAMFORD WAY |
22 Sep 2023 | £730,683 | £700,000 | 9 BEAUMONDS WAY |
30 Jun 2023 | £363,858 | £350,000 | 1 BEAUMONDS MEADOWCROFT LANE |
23 May 2023 | £422,504 | £406,000 | 7 SWIFT ROAD |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 20 Nov 2015. Using an estimated price of £851,498 means this house is valued at £4,300 per sq meter (£399 per sq foot).
The average size of a house on BAMFORD WAY is 186 sq meters (2,003 sq feet).