£50,971
This estimated value is based upon the latest sale price for the house of £16,200 on 14 Jan 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £16,200 | 14 Jan 2002 |
| Terraced |
| Freehold |
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 January 2002 the House Price Index for GREATER MANCHESTER was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £16,200 results in an estimated price of approximately £50,971.
| 14 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £16,200 | £34,771 | £50,971 |
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 | 281.796 % | £45,650 | £61,850 |
| 3 Month Average | 229.185 % | £37,127 | £53,327 |
| 6 Month Average | 225.981 % | £36,608 | £52,808 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £144,950 | £144,950 | 14 CRAVEN PLACE |
| 9 Jun 2023 | £107,147 | £105,000 | 12 MARLBOROUGH COURT CHORLEY OLD ROAD |
| 24 Mar 2023 | £132,208 | £130,000 | 24 CRAVEN PLACE |
| 17 Mar 2023 | £147,463 | £145,000 | 1072 CHORLEY OLD ROAD |
| 13 Oct 2022 | £24,917 | £25,000 | HOLLIN HEY BARN ROMNEY ROAD |