£221,663
This estimated value is based upon the latest sale price for the house of £167,000 on 4 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£167,000 | 4 Nov 2016 |
£105,000 | 26 Jun 2009 |
£57,500 | 31 Jan 1997 |
Terraced |
Freehold |
Floor Area: 106 sq meters or 1,140 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 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £167,000 results in an estimated price of approximately £221,663.
4 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £167,000 | £54,663 | £221,663 |
The Postcode Pricing Model uses changes in average sales price within the BL9 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 | 94.122 % | £157,184 | £324,184 |
3 Month Average | 49.458 % | £82,595 | £249,595 |
6 Month Average | 49.096 % | £81,990 | £248,990 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £246,251 | £240,000 | 11 BEECHFIELD DRIVE |
27 Oct 2023 | £289,577 | £283,000 | 18 BIRCH LEA CLOSE |
27 Jun 2023 | £252,051 | £247,000 | 11 BIRCH LEA CLOSE |
26 Aug 2022 | £123,879 | £123,300 | FLAT 33 BEECHFIELD COURT BEECHFIELD DRIVE |
12 Aug 2022 | £104,489 | £104,000 | FLAT 45 BEECHFIELD COURT BEECHFIELD DRIVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 24 Oct 2013. Using an estimated price of £221,664 means this house is valued at £2,091 per sq meter (£194 per sq foot).
The average size of a house on BEECHFIELD DRIVE is 76 sq meters (827 sq feet).