£118,511
This estimated value is based upon the latest sale price for the house of £85,000 on 2 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £85,000 | 2 Dec 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 December 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £85,000 results in an estimated price of approximately £118,511.
| 2 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £85,000 | £33,511 | £118,511 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | 35.465 % | £30,145 | £115,145 |
| 3 Month Average | 49.451 % | £42,033 | £127,033 |
| 6 Month Average | 64.807 % | £55,085 | £140,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £151,027 | £148,000 | FLAT 12 MILTON COURT BURY OLD ROAD |
| 6 Jun 2023 | £448,998 | £440,000 | 44 STANLEY ROAD |
| 20 Apr 2023 | £182,412 | £179,000 | FLAT 7 PARK CROFT, 151 BURY OLD ROAD |
| 31 Mar 2023 | £147,463 | £145,000 | FLAT 15 MILTON COURT BURY OLD ROAD |
| 7 Mar 2022 | £542,845 | £520,000 | 46 STANLEY ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 19 Jun 2015. Using an estimated price of £118,512 means this house is valued at £1,646 per sq meter (£152 per sq foot).
The average size of a house on BURY OLD ROAD is 81 sq meters (877 sq feet).