£381,420
This estimated value is based upon the latest sale price for the house of £88,000 on 30 Jul 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £88,000 | 30 Jul 1999 |
| Detached |
| Leasehold |
| Floor Area: 122 sq meters or 1,313 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 July 1999 the House Price Index for GREATER MANCHESTER was 34.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 333.432%.Applying this 333.432% change to the original purchase price of £88,000 results in an estimated price of approximately £381,420.
| 30 Jul 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 148.6 | 333.432 % | £88,000 | £293,420 | £381,420 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 148.900 % | £131,032 | £219,032 |
| 3 Month Average | 179.617 % | £158,063 | £246,063 |
| 6 Month Average | 228.129 % | £200,753 | £288,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £161,522 | £160,000 | 12 HAIG COURT |
| 14 Oct 2022 | £502,094 | £507,500 | 6 WARLINGHAM CLOSE |
| 22 Jul 2022 | £526,417 | £525,000 | 2 WARLINGHAM CLOSE |
| 8 Jun 2022 | £238,369 | £235,000 | 54 HAIG ROAD |
| 4 Apr 2022 | £159,619 | £155,000 | 375 BOLTON ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 24 Oct 2013. Using an estimated price of £381,420 means this house is valued at £3,126 per sq meter (£290 per sq foot).
The average size of a house on ORPINGTON DRIVE is 149 sq meters (1,607 sq feet).