£148,183
This estimated value is based upon the latest sale price for the house of £120,000 on 21 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 21 Sep 2018 |
| Terraced |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £120,000 results in an estimated price of approximately £148,183.
| 21 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £120,000 | £28,183 | £148,183 |
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 | -19.800 % | £-23,760 | £96,239 |
| 3 Month Average | -10.060 % | £-12,071 | £107,928 |
| 6 Month Average | 21.385 % | £25,661 | £145,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £172,555 | £170,000 | 247 BOLTON ROAD |
| 28 Sep 2023 | £101,245 | £99,950 | 296 WELLINGTON COURT BOLTON ROAD |
| 30 Aug 2023 | £201,765 | £200,000 | 253 BOLTON ROAD |
| 13 Apr 2023 | £131,415 | £130,000 | 322 WELLINGTON COURT BOLTON ROAD |
| 14 Apr 2022 | £83,414 | £81,000 | 34 DEARDENS STREET |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 5 Jun 2017. Using an estimated price of £148,184 means this house is valued at £1,496 per sq meter (£139 per sq foot).
The average size of a house on BOLTON ROAD is 106 sq meters (1,144 sq feet).