£517,123
This estimated value is based upon the latest sale price for the house of £405,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £405,000 | 29 Sep 2017 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 2017 the House Price Index for GREATER MANCHESTER was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £405,000 results in an estimated price of approximately £517,123.
| 29 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £405,000 | £112,123 | £517,123 |
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 | 24.951 % | £101,049 | £506,049 |
| 3 Month Average | 45.946 % | £186,082 | £591,082 |
| 6 Month Average | 39.936 % | £161,740 | £566,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £731,570 | £713,000 | 23 BAMFORD WAY |
| 10 Nov 2023 | £384,767 | £375,000 | 2 WOODCOCK CLOSE |
| 22 Jun 2023 | £543,390 | £532,500 | 2 FULMAR GARDENS |
| 10 Aug 2022 | £286,339 | £285,000 | 3 SWALLOW DRIVE |
| 8 Mar 2022 | £335,103 | £321,000 | 1 WOODCOCK CLOSE |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 7 Apr 2015. Using an estimated price of £517,123 means this house is valued at £3,252 per sq meter (£302 per sq foot).
The average size of a house on BOWLING GREEN WAY is 454 sq meters (4,886 sq feet).
This house is the smallest in the street with a floor area of 159 sq meters (1,711 sq feet).