£137,940
This estimated value is based upon the latest sale price for the house of £30,000 on 4 Dec 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £30,000 | 4 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 183 sq meters or 1,969 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 1998 the House Price Index for GREATER MANCHESTER was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £30,000 results in an estimated price of approximately £137,940.
| 4 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 148.6 | 359.802 % | £30,000 | £107,940 | £137,940 |
The Postcode Pricing Model uses changes in average sales price within the BL9 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 | 548.007 % | £164,402 | £194,402 |
| 3 Month Average | 382.601 % | £114,780 | £144,780 |
| 6 Month Average | 342.793 % | £102,837 | £132,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £168,474 | £167,000 | 12 WESTMORLAND CLOSE |
| 29 Jul 2022 | £190,513 | £190,000 | 9 WESTMORLAND CLOSE |
| 1 Jun 2022 | £126,792 | £125,000 | 15 WORDSWORTH AVENUE |
| 24 Feb 2022 | £83,896 | £80,000 | 18 CUMBERLAND CLOSE |
| 18 Feb 2022 | £230,713 | £220,000 | 54 WORDSWORTH AVENUE |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 28 Oct 2015. Using an estimated price of £137,941 means this house is valued at £753 per sq meter (£70 per sq foot).
The average size of a house on MANCHESTER ROAD is 115 sq meters (1,248 sq feet).