£55,976
This estimated value is based upon the latest sale price for the house of £23,460 on 9 May 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £23,460 | 9 May 2003 |
| £17,500 | 24 Jun 1999 |
| £15,700 | 27 Mar 1997 |
| £16,000 | 19 Dec 1995 |
| Terraced |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 May 2003 the House Price Index for GREATER MANCHESTER was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £23,460 results in an estimated price of approximately £55,976.
| 9 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £23,460 | £32,516 | £55,976 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 235.561 % | £55,262 | £78,722 |
| 3 Month Average | 239.789 % | £56,254 | £79,714 |
| 6 Month Average | 255.909 % | £60,036 | £83,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £107,735 | £105,000 | 32 SOUTH STREET |
| 15 Aug 2023 | £83,506 | £82,000 | 20 CALDER ROAD |
| 10 Aug 2023 | £127,296 | £125,000 | 5 MILFORD ROAD |
| 14 Jun 2023 | £114,290 | £112,000 | 41 SOUTH STREET |
| 26 Oct 2022 | £129,567 | £130,000 | 26 DANBY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 13 May 2015. Using an estimated price of £55,977 means this house is valued at £766 per sq meter (£71 per sq foot).
The average size of a house on CALDER ROAD is 78 sq meters (847 sq feet).