£99,441
This estimated value is based upon the latest sale price for the house of £78,000 on 20 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £78,000 | 20 Jul 2017 |
| £78,000 | 31 Jan 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2017 the House Price Index for GREATER MANCHESTER was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £78,000 results in an estimated price of approximately £99,441.
| 20 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £78,000 | £21,441 | £99,441 |
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 | -30.172 % | £-23,534 | £54,465 |
| 3 Month Average | -0.800 % | £-623 | £77,376 |
| 6 Month Average | 21.254 % | £16,578 | £94,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £150,000 | £150,000 | 47 WHARFSIDE APARTMENTS PROSPECT TERRACE |
| 7 Jul 2023 | £153,060 | £151,000 | 21 WHARFSIDE APARTMENTS PROSPECT TERRACE |
| 23 Jun 2023 | £161,962 | £160,000 | 7 WHARFSIDE APARTMENTS PROSPECT TERRACE |
| 15 Mar 2023 | £158,998 | £157,500 | 5 WHARFSIDE APARTMENTS PROSPECT TERRACE |
| 4 Nov 2022 | £148,205 | £150,000 | 29 WHARFSIDE APARTMENTS PROSPECT TERRACE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 31 Jan 2017. Using an estimated price of £99,441 means this house is valued at £1,484 per sq meter (£137 per sq foot).
The average size of a house on ELY DRIVE is 96 sq meters (1,033 sq feet).
This house is the largest in the street with a floor area of 67 sq meters (721 sq feet).