£351,011
This estimated value is based upon the latest sale price for the house of £237,500 on 20 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £237,500 | 20 Feb 2015 |
| £220,000 | 1 Apr 2011 |
| Detached |
| Leasehold |
| Floor Area: 108 sq meters or 1,172 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 February 2015 the House Price Index for GREATER MANCHESTER was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £237,500 results in an estimated price of approximately £351,011.
| 20 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £237,500 | £113,511 | £351,011 |
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 | 34.649 % | £82,291 | £319,791 |
| 3 Month Average | 41.154 % | £97,741 | £335,241 |
| 6 Month Average | 29.970 % | £71,178 | £308,678 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £119,022 | £117,500 | 60 WILKINSON ROAD |
| 21 Jul 2023 | £582,844 | £575,000 | 404 BELMONT ROAD |
| 31 Mar 2023 | £565,326 | £560,000 | 408 BELMONT ROAD |
| 19 Jan 2023 | £99,531 | £100,000 | 20 WILKINSON ROAD |
| 26 Jul 2022 | £472,271 | £471,000 | 18 BIRKETT DRIVE |
This house has a floor area of 108 sq meters or 1,172 sq feet when measured on 16 Jul 2009. Using an estimated price of £351,011 means this house is valued at £3,223 per sq meter (£299 per sq foot).
The average size of a house on BELMONT ROAD is 120 sq meters (1,297 sq feet).