£322,762
This estimated value is based upon the latest sale price for the house of £158,995 on 14 May 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £158,995 | 14 May 2004 |
| £82,000 | 16 Jul 1999 |
| Semi-Detached |
| Leasehold |
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 2004 the House Price Index for GREATER MANCHESTER was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £158,995 results in an estimated price of approximately £322,762.
| 14 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £158,995 | £163,767 | £322,762 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 129.405 % | £205,747 | £364,742 |
| 3 Month Average | 134.424 % | £213,726 | £372,721 |
| 6 Month Average | 160.676 % | £255,466 | £414,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £120,000 | £120,000 | 300 WIGAN ROAD |
| 17 Nov 2023 | £153,907 | £150,000 | 289 DEANE CHURCH LANE |
| 17 Nov 2023 | £90,292 | £88,000 | 11 JUNCTION ROAD |
| 10 Nov 2023 | £89,779 | £87,500 | 7 HORSFIELD STREET |
| 13 Oct 2023 | £73,673 | £72,000 | 355 WIGAN ROAD |