£113,629
This estimated value is based upon the latest sale price for the house of £59,500 on 7 Sep 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £59,500 | 7 Sep 2004 |
| £33,000 | 27 Feb 1998 |
| Terraced |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 September 2004 the House Price Index for GREATER MANCHESTER was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £59,500 results in an estimated price of approximately £113,629.
| 7 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £59,500 | £54,129 | £113,629 |
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 | 49.225 % | £29,288 | £88,788 |
| 3 Month Average | 87.520 % | £52,074 | £111,574 |
| 6 Month Average | 102.263 % | £60,846 | £120,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £116,728 | £115,000 | 317 WILLOWS LANE |
| 30 Jun 2023 | £167,023 | £165,000 | 10 GREENHILL AVENUE |
| 6 Jan 2023 | £69,672 | £70,000 | 323 WILLOWS LANE |
| 22 Jul 2022 | £137,370 | £137,000 | 5 BUSHELL STREET |
| 3 Feb 2022 | £114,308 | £109,000 | 315 WILLOWS LANE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 22 Jun 2019. Using an estimated price of £113,629 means this house is valued at £1,671 per sq meter (£155 per sq foot).
The average size of a house on ANNIS ROAD is 80 sq meters (867 sq feet).