£429,964
This estimated value is based upon the latest sale price for the house of £410,000 on 11 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £410,000 | 11 Feb 2022 |
| £185,000 | 31 Jul 2009 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 February 2022 the House Price Index for GREATER MANCHESTER was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £410,000 results in an estimated price of approximately £429,964.
| 11 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £410,000 | £19,964 | £429,964 |
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 | -7.275 % | £-29,827 | £380,172 |
| 3 Month Average | 5.563 % | £22,809 | £432,809 |
| 6 Month Average | 7.033 % | £28,837 | £438,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £159,720 | £158,000 | 38 WORSTON AVENUE |
| 26 Aug 2022 | £383,966 | £385,000 | 51 NEW CHURCH ROAD |
| 25 Jul 2022 | £81,219 | £81,000 | 30 MARLD CRESCENT |
| 13 May 2022 | £290,473 | £285,000 | 62 NEW CHURCH ROAD |
| 27 Apr 2022 | £247,152 | £240,000 | 10 LONGRIDGE CRESCENT |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 1 Sep 2020. Using an estimated price of £429,965 means this house is valued at £3,771 per sq meter (£350 per sq foot).
The average size of a house on GRIZEDALE CLOSE is 127 sq meters (1,374 sq feet).