£80,097
This estimated value is based upon the latest sale price for the house of £65,000 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £65,000 | 2 Nov 2018 |
| £41,300 | 29 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 November 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £65,000 results in an estimated price of approximately £80,097.
| 2 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £65,000 | £15,097 | £80,097 |
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 | 4.952 % | £3,218 | £68,218 |
| 3 Month Average | 12.321 % | £8,008 | £73,008 |
| 6 Month Average | 17.521 % | £11,388 | £76,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £101,781 | £100,000 | 839 MOSS BANK WAY |
| 24 Aug 2023 | £256,242 | £254,000 | 804 MOSS BANK WAY |
| 17 Aug 2023 | £151,324 | £150,000 | 817 CHORLEY OLD ROAD |
| 14 Jul 2023 | £145,965 | £144,000 | 805 MOSS BANK WAY |
| 9 Jan 2023 | £130,883 | £131,500 | 863 MOSS BANK WAY |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 4 Jun 2014. Using an estimated price of £80,097 means this house is valued at £1,271 per sq meter (£118 per sq foot).
The average size of a house on KNOTT LANE is 86 sq meters (932 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).