£87,625
This estimated value is based upon the latest sale price for the house of £75,000 on 26 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £75,000 | 26 Oct 2020 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 October 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £75,000 results in an estimated price of approximately £87,625.
| 26 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £75,000 | £12,625 | £87,625 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 23.292 % | £17,469 | £92,469 |
| 3 Month Average | 0.344 % | £257 | £75,257 |
| 6 Month Average | 19.505 % | £14,628 | £89,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2022 | £251,265 | £255,000 | 22 ORWELL CLOSE |
| 28 Apr 2022 | £138,462 | £135,000 | 24 WOODHILL STREET |
| 14 Apr 2022 | £158,974 | £155,000 | 10 WOODHILL STREET |
| 8 Oct 2021 | £186,240 | £169,000 | 1 LICHFIELD DRIVE |
| 27 Sep 2021 | £338,071 | £315,000 | 44 WOODHILL ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 Jul 2020. Using an estimated price of £87,626 means this house is valued at £1,390 per sq meter (£129 per sq foot).
The average size of a house on WOODHILL ROAD is 82 sq meters (891 sq feet).