£211,585
This estimated value is based upon the latest sale price for the house of £105,000 on 7 May 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £105,000 | 7 May 2004 |
| £105,000 | 7 May 2004 |
| Semi-Detached |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 May 2004 the House Price Index for GREATER MANCHESTER was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £105,000 results in an estimated price of approximately £211,585.
| 7 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £105,000 | £106,585 | £211,585 |
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 | 14.838 % | £15,579 | £120,579 |
| 3 Month Average | 44.037 % | £46,238 | £151,238 |
| 6 Month Average | 70.863 % | £74,406 | £179,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £265,900 | £262,500 | 34 GRANGE ROAD |
| 24 Mar 2023 | £161,522 | £160,000 | 12 HAIG COURT |
| 29 Nov 2022 | £224,283 | £227,000 | 10 GRANGE ROAD |
| 14 Oct 2022 | £502,094 | £507,500 | 6 WARLINGHAM CLOSE |
| 9 Sep 2022 | £270,317 | £272,500 | 16 CRAIG AVENUE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 14 Nov 2014. Using an estimated price of £211,585 means this house is valued at £3,468 per sq meter (£322 per sq foot).
The average size of a house on HAIG ROAD is 102 sq meters (1,108 sq feet).