£195,672
This estimated value is based upon the latest sale price for the house of £112,100 on 4 May 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £112,100 | 4 May 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 May 2006 the House Price Index for GREATER MANCHESTER was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £112,100 results in an estimated price of approximately £195,672.
| 4 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £112,100 | £83,572 | £195,672 |
The Postcode Pricing Model uses changes in average sales price within the BL9 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 | 145.526 % | £163,134 | £275,234 |
| 3 Month Average | 78.966 % | £88,520 | £200,620 |
| 6 Month Average | 69.562 % | £77,978 | £190,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £144,529 | £142,000 | 5 DERBY COURT |
| 15 Sep 2023 | £135,229 | £133,500 | 46 DERBY COURT |
| 25 Aug 2023 | £128,121 | £127,000 | 54 DERBY COURT |
| 3 Aug 2023 | £133,165 | £132,000 | 73 DERBY COURT |
| 14 Jul 2023 | £131,774 | £130,000 | 4 DERBY COURT |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 11 Apr 2012. Using an estimated price of £195,673 means this house is valued at £4,447 per sq meter (£413 per sq foot).
The average size of a house on DERBY COURT is 64 sq meters (695 sq feet).