£118,487
This estimated value is based upon the latest sale price for the house of £48,000 on 21 Feb 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £48,000 | 21 Feb 2003 |
| £31,000 | 29 Nov 2002 |
| £29,000 | 11 Dec 1998 |
| Terraced |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 February 2003 the House Price Index for GREATER MANCHESTER was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £48,000 results in an estimated price of approximately £118,487.
| 21 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 149.7 | 146.849 % | £48,000 | £70,487 | £118,487 |
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 | 198.069 % | £95,072 | £143,072 |
| 3 Month Average | 170.064 % | £81,630 | £129,630 |
| 6 Month Average | 168.545 % | £80,901 | £128,901 |
| 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 89 sq meters or 957 sq feet when measured on 2 Dec 2015. Using an estimated price of £118,488 means this house is valued at £1,331 per sq meter (£123 per sq foot).
The average size of a house on HALLIWELL ROAD is 91 sq meters (982 sq feet).