£284,436
This estimated value is based upon the latest sale price for the house of £167,000 on 7 Sep 2006. 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 | 7 Sep 2006 |
| Detached |
| Leasehold |
| Floor Area: 108 sq meters or 1,162 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 September 2006 the House Price Index for GREATER MANCHESTER was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £167,000 results in an estimated price of approximately £284,436.
| 7 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £167,000 | £117,436 | £284,436 |
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 | -3.358 % | £-5,608 | £161,391 |
| 3 Month Average | 17.830 % | £29,776 | £196,776 |
| 6 Month Average | 30.007 % | £50,111 | £217,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £207,797 | £205,000 | 44 BARCROFT ROAD |
| 20 Feb 2023 | £194,869 | £195,000 | 39 BEECHFIELD ROAD |
| 17 Jan 2023 | £184,133 | £185,000 | 4 FRANKFORD SQUARE |
| 15 Aug 2022 | £174,530 | £175,000 | 7 BARCROFT ROAD |
| 9 Aug 2022 | £528,577 | £530,000 | 95 HARPERS LANE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 1 Aug 2014. Using an estimated price of £284,436 means this house is valued at £2,633 per sq meter (£244 per sq foot).
The average size of a house on BARCROFT ROAD is 95 sq meters (1,028 sq feet).
This house is the largest in the street with a floor area of 108 sq meters (1,162 sq feet).