£101,753
This estimated value is based upon the latest sale price for the house of £82,500 on 15 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £82,500 | 15 Jul 2019 |
| £46,000 | 24 Apr 2013 |
| £19,000 | 30 Nov 2001 |
| £17,250 | 7 May 1998 |
| Terraced |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £82,500 results in an estimated price of approximately £101,753.
| 15 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £82,500 | £19,253 | £101,753 |
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 | 42.211 % | £34,824 | £117,324 |
| 3 Month Average | 12.746 % | £10,515 | £93,015 |
| 6 Month Average | 14.080 % | £11,615 | £94,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £232,030 | £230,000 | 288 CHORLEY OLD ROAD |
| 14 Apr 2023 | £37,403 | £37,000 | 21 HOLLY GROVE |
| 1 Mar 2023 | £90,856 | £90,000 | 32 PEDDER STREET |
| 29 Apr 2022 | £80,324 | £78,000 | 36 PEDDER STREET |
| 18 Mar 2022 | £108,808 | £105,000 | 27 HOLLY GROVE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 28 Jan 2013. Using an estimated price of £101,753 means this house is valued at £1,785 per sq meter (£165 per sq foot).
The average size of a house on NORTHERN GROVE is 71 sq meters (764 sq feet).