£112,028
This estimated value is based upon the latest sale price for the house of £40,000 on 31 Jul 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £40,000 | 31 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2002 the House Price Index for GREATER MANCHESTER was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £40,000 results in an estimated price of approximately £112,028.
| 31 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £40,000 | £72,028 | £112,028 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 140.388 % | £56,155 | £96,155 |
| 3 Month Average | 158.372 % | £63,348 | £103,348 |
| 6 Month Average | 205.264 % | £82,105 | £122,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £177,267 | £175,000 | 29 BURY OLD ROAD |
| 10 Jul 2023 | £152,046 | £150,000 | 13 GASKILL STREET |
| 24 Apr 2023 | £166,796 | £165,000 | 8 KNOWL HILL VIEW |
| 21 Mar 2023 | £186,760 | £185,000 | 57 BURY NEW ROAD |
| 24 Jun 2022 | £182,580 | £180,000 | 4 TURTON CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 4 Oct 2013. Using an estimated price of £112,029 means this house is valued at £1,723 per sq meter (£160 per sq foot).
The average size of a house on BURY NEW ROAD is 94 sq meters (1,019 sq feet).