£708,466
This estimated value is based upon the latest sale price for the house of £580,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £580,000 | 29 Nov 2019 |
| Freehold |
| Floor Area: 222 sq meters or 2,389 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 November 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £580,000 results in an estimated price of approximately £708,466.
| 29 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £580,000 | £128,466 | £708,466 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 50.565 % | £293,276 | £873,276 |
| 3 Month Average | 57.892 % | £335,771 | £915,771 |
| 6 Month Average | 46.288 % | £268,469 | £848,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £1,500,000 | £1,500,000 | GRISTLEHURST HOUSE BURY & ROCHDALE OLD ROAD |
| 8 Nov 2023 | £248,186 | £245,000 | 133 HIGHER LOMAX LANE |
| 14 Apr 2023 | £231,722 | £230,000 | 27 THE MEDWAY |
| 31 Mar 2023 | £294,090 | £292,500 | 71 BURY & ROCHDALE OLD ROAD |
| 5 Aug 2022 | £293,020 | £295,000 | 3 LYN GROVE |
This house has a floor area of 222 sq meters or 2,389 sq feet when measured on 19 Aug 2019. Using an estimated price of £708,466 means this house is valued at £3,191 per sq meter (£296 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Millbank Street |