£354,529
This estimated value is based upon the latest sale price for the house of £264,000 on 13 May 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £264,000 | 13 May 2016 |
| Detached |
| Freehold |
| Floor Area: 199 sq meters or 2,142 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 2016 the House Price Index for GREATER MANCHESTER was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £264,000 results in an estimated price of approximately £354,529.
| 13 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £264,000 | £90,529 | £354,529 |
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 | -6.851 % | £-18,087 | £245,912 |
| 3 Month Average | 23.670 % | £62,487 | £326,487 |
| 6 Month Average | 30.461 % | £80,416 | £344,416 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Aug 2022 | £383,966 | £385,000 | 51 NEW CHURCH ROAD |
| 25 Jul 2022 | £81,219 | £81,000 | 30 MARLD CRESCENT |
| 13 May 2022 | £290,473 | £285,000 | 62 NEW CHURCH ROAD |
| 27 Apr 2022 | £247,152 | £240,000 | 10 LONGRIDGE CRESCENT |
| 11 Feb 2022 | £429,965 | £410,000 | 29 GRIZEDALE CLOSE |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 14 Jul 2015. Using an estimated price of £354,530 means this house is valued at £1,781 per sq meter (£165 per sq foot).
The average size of a house on GREAT MARLD CLOSE is 200 sq meters (2,161 sq feet).