£101,891
This estimated value is based upon the latest sale price for the house of £101,000 on 14 Aug 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £101,000 | 14 Aug 2023 |
| £100,000 | 31 Aug 2022 |
| £48,000 | 5 Sep 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 August 2023 the House Price Index for GREATER MANCHESTER was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £101,000 results in an estimated price of approximately £101,891.
| 14 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £101,000 | £891 | £101,891 |
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 | -26.778 % | £-27,046 | £73,953 |
| 3 Month Average | -4.723 % | £-4,770 | £96,229 |
| 6 Month Average | -1.347 % | £-1,360 | £99,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £349,468 | £345,000 | 7 HASLAM HALL MEWS |
| 12 Sep 2023 | £759,714 | £750,000 | 54 RAVENS WOOD |
| 14 Aug 2023 | £101,891 | £101,000 | FLAT 28 HEATON COURT GARDENS CHORLEY NEW ROAD |
| 7 Jun 2023 | £973,492 | £961,700 | 5 RAVENSWOOD DRIVE |
| 17 Mar 2023 | £271,003 | £268,450 | 4 HASLAM HALL MEWS |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 20 Aug 2020. Using an estimated price of £101,891 means this house is valued at £2,315 per sq meter (£215 per sq foot).
The average size of a house on CHORLEY NEW ROAD is 207 sq meters (2,236 sq feet).