£163,428
This estimated value is based upon the latest sale price for the house of £130,000 on 18 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £130,000 | 18 Dec 2017 |
| Semi-Detached |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 December 2017 the House Price Index for GREATER MANCHESTER was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £130,000 results in an estimated price of approximately £163,428.
| 18 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £130,000 | £33,428 | £163,428 |
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 | 1.636 % | £2,126 | £132,126 |
| 3 Month Average | 3.628 % | £4,715 | £134,715 |
| 6 Month Average | 31.082 % | £40,406 | £170,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Dec 2023 | £142,493 | £140,000 | 10 CHILTERN DRIVE |
| 30 Nov 2023 | £44,407 | £43,750 | 320 WALSHAW ROAD |
| 25 Apr 2023 | £151,633 | £150,000 | 307 WALSHAW ROAD |
| 10 Mar 2023 | £297,806 | £295,000 | 2 MENDIP CRESCENT |
| 16 Feb 2023 | £159,892 | £160,000 | 321 WALSHAW ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 1 Dec 2017. Using an estimated price of £163,428 means this house is valued at £3,268 per sq meter (£303 per sq foot).
The average size of a house on WALSHAW ROAD is 84 sq meters (908 sq feet).