£178,665
This estimated value is based upon the latest sale price for the house of £120,000 on 20 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 20 Feb 2015 |
| Semi-Detached |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 2015 the House Price Index for GREATER MANCHESTER was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £120,000 results in an estimated price of approximately £178,665.
| 20 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £120,000 | £58,665 | £178,665 |
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 | 63.044 % | £75,652 | £195,652 |
| 3 Month Average | 55.307 % | £66,368 | £186,368 |
| 6 Month Average | 38.678 % | £46,413 | £166,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £299,786 | £299,786 | 63 KNOWSLEY ROAD |
| 22 Mar 2024 | £374,250 | £368,500 | 58 HARPERS LANE |
| 20 Dec 2023 | £280,623 | £272,000 | 59 BEECHFIELD ROAD |
| 27 Oct 2023 | £301,856 | £295,000 | 90 HARPERS LANE |
| 20 Oct 2023 | £163,718 | £160,000 | 2 HOLLYWOOD ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 16 Jun 2014. Using an estimated price of £178,666 means this house is valued at £2,233 per sq meter (£207 per sq foot).
The average size of a house on BEECHFIELD ROAD is 97 sq meters (1,053 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).