£266,535
This estimated value is based upon the latest sale price for the house of £142,500 on 27 Mar 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £142,500 | 27 Mar 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 March 2009 the House Price Index for GREATER MANCHESTER was 80.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.043%.Applying this 87.043% change to the original purchase price of £142,500 results in an estimated price of approximately £266,535.
| 27 Mar 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.0 | 149.7 | 87.043 % | £142,500 | £124,035 | £266,535 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | 112.340 % | £160,084 | £302,584 |
| 3 Month Average | 111.574 % | £158,993 | £301,493 |
| 6 Month Average | 87.326 % | £124,439 | £266,939 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £434,580 | £425,000 | 1 FAIRHOLME ROAD |
| 24 Mar 2023 | £408,827 | £402,000 | 9 BOWER AVENUE |
| 14 Mar 2023 | £279,671 | £275,000 | 248 GREEN LANE |
| 30 Jan 2023 | £446,192 | £445,000 | 35 BOWER AVENUE |
| 4 Jul 2022 | £330,815 | £327,500 | 263 GREEN LANE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 28 May 2015. Using an estimated price of £266,536 means this house is valued at £3,250 per sq meter (£301 per sq foot).
The average size of a house on BOWERFOLD LANE is 86 sq meters (933 sq feet).