£885,853
This estimated value is based upon the latest sale price for the house of £200,000 on 21 May 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £200,000 | 21 May 1999 |
| Detached |
| Freehold |
| Floor Area: 185 sq meters or 1,991 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 May 1999 the House Price Index for GREATER MANCHESTER was 33.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 342.927%.Applying this 342.927% change to the original purchase price of £200,000 results in an estimated price of approximately £885,853.
| 21 May 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 148.6 | 342.927 % | £200,000 | £685,853 | £885,853 |
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 | 240.801 % | £481,602 | £681,602 |
| 3 Month Average | 239.706 % | £479,412 | £679,412 |
| 6 Month Average | 239.616 % | £479,231 | £679,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 6 Jan 2023 | £160,245 | £161,000 | FLAT 38 HEATON COURT GARDENS CHORLEY NEW ROAD |
| 19 May 2022 | £135,045 | £132,500 | FLAT 18 HEATON COURT GARDENS CHORLEY NEW ROAD |
| 25 Mar 2022 | £220,724 | £213,000 | 3 BELVEDERE HEIGHTS |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 22 Jun 2015. Using an estimated price of £885,853 means this house is valued at £4,788 per sq meter (£444 per sq foot).
The average size of a house on THE ROWANS is 248 sq meters (2,670 sq feet).