£130,706
This estimated value is based upon the latest sale price for the house of £130,000 on 9 Mar 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £130,000 | 9 Mar 2023 |
| £109,000 | 16 May 2018 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2023 the House Price Index for GREATER MANCHESTER was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £130,000 results in an estimated price of approximately £130,706.
| 9 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £130,000 | £706 | £130,706 |
The Postcode Pricing Model uses changes in average sales price within the BL9 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 | 122.041 % | £158,653 | £288,653 |
| 3 Month Average | 10.738 % | £13,959 | £143,959 |
| 6 Month Average | 4.759 % | £6,186 | £136,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2023 | £130,707 | £130,000 | CEMETERY LODGE CEMETERY LANE |
| 30 Jun 2022 | £208,109 | £206,000 | 14 TUNSTALL CLOSE |
| 28 Jun 2022 | £207,099 | £205,000 | 3 GARSDALE CLOSE |
| 29 Apr 2022 | £266,667 | £260,000 | 226 GIGG LANE |
| 15 Dec 2020 | £178,320 | £156,000 | 19 KINGSDALE CLOSE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 9 Feb 2018. Using an estimated price of £130,707 means this house is valued at £1,080 per sq meter (£100 per sq foot).