£457,998
This estimated value is based upon the latest sale price for the house of £170,000 on 27 Sep 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £170,000 | 27 Sep 2002 |
| £147,500 | 15 May 2002 |
| £147,500 | 15 May 2002 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 September 2002 the House Price Index for GREATER MANCHESTER was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £170,000 results in an estimated price of approximately £457,998.
| 27 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 148.6 | 169.411 % | £170,000 | £287,998 | £457,998 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 254.704 % | £432,996 | £602,996 |
| 3 Month Average | 212.390 % | £361,062 | £531,062 |
| 6 Month Average | 191.757 % | £325,986 | £495,986 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 May 2022 | £254,801 | £250,000 | 3 COAL BANK FOLD |
| 25 Mar 2022 | £278,755 | £269,000 | 15 NADEN VIEW |
| 5 Jan 2022 | £326,246 | £310,000 | 7 FURTHER FIELD |
| 19 Nov 2021 | £286,601 | £265,000 | 6 COAL BANK FOLD |
| 19 Nov 2021 | £270,378 | £250,000 | 2 HOLLOW FIELD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 2 Mar 2015. Using an estimated price of £457,998 means this house is valued at £3,469 per sq meter (£322 per sq foot).
The average size of a house on BETULA MEWS is 120 sq meters (1,302 sq feet).
This house is the largest in the street with a floor area of 132 sq meters (1,420 sq feet).