£280,671
This estimated value is based upon the latest sale price for the house of £161,950 on 30 Jun 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£161,950 | 30 Jun 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 94 sq meters or 1,011 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 2011 the House Price Index for GREATER MANCHESTER was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £161,950 results in an estimated price of approximately £280,671.
30 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 148.6 | 73.308 % | £161,950 | £118,721 | £280,671 |
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 | 8.580 % | £13,895 | £175,845 |
3 Month Average | 34.564 % | £55,977 | £217,927 |
6 Month Average | 36.847 % | £59,673 | £221,623 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £110,412 | £109,000 | APARTMENT 405 HOLDEN MILL BLACKBURN ROAD |
13 Jul 2023 | £120,623 | £119,000 | APARTMENT 312 HOLDEN MILL BLACKBURN ROAD |
24 Mar 2023 | £110,037 | £109,000 | APARTMENT 29 HOLDEN MILL BLACKBURN ROAD |
24 Feb 2023 | £174,882 | £175,000 | APARTMENT 619 HOLDEN MILL BLACKBURN ROAD |
9 Nov 2022 | £133,384 | £135,000 | APARTMENT 521 HOLDEN MILL BLACKBURN ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 17 Sep 2014. Using an estimated price of £280,672 means this house is valued at £2,985 per sq meter (£277 per sq foot).
The average size of a house on BLACKBURN ROAD is 86 sq meters (934 sq feet).