£553,958
This estimated value is based upon the latest sale price for the house of £118,000 on 11 Jun 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £118,000 | 11 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 June 1998 the House Price Index for GREATER MANCHESTER was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £118,000 results in an estimated price of approximately £553,958.
| 11 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 148.6 | 369.456 % | £118,000 | £435,958 | £553,958 |
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 | 170.297 % | £200,950 | £318,950 |
| 3 Month Average | 217.502 % | £256,652 | £374,652 |
| 6 Month Average | 262.115 % | £309,295 | £427,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £111,959 | £110,000 | 12 ST PAULS PLACE |
| 11 Dec 2023 | £117,048 | £115,000 | 5 AINSWORTH STREET |
| 29 Nov 2023 | £117,540 | £115,800 | 534 HALLIWELL ROAD |
| 18 Jul 2023 | £169,785 | £167,500 | 502 HALLIWELL ROAD |
| 25 Nov 2022 | £133,384 | £135,000 | 6 MORT COURT |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 30 Oct 2014. Using an estimated price of £553,958 means this house is valued at £4,073 per sq meter (£378 per sq foot).