£646,594
This estimated value is based upon the latest sale price for the house of £170,950 on 16 May 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £170,950 | 16 May 2000 |
| Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,012 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 2000 the House Price Index for GREATER MANCHESTER was 39.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 278.236%.Applying this 278.236% change to the original purchase price of £170,950 results in an estimated price of approximately £646,594.
| 16 May 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 148.6 | 278.236 % | £170,950 | £475,644 | £646,594 |
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 | 268.708 % | £459,356 | £630,306 |
| 3 Month Average | 220.282 % | £376,572 | £547,522 |
| 6 Month Average | 234.281 % | £400,502 | £571,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £431,387 | £425,000 | 33 WATERSLEA DRIVE |
| 22 Sep 2023 | £997,757 | £985,000 | 380 CHORLEY NEW ROAD |
| 14 Apr 2023 | £581,259 | £575,000 | 4 TALBENNY CLOSE |
| 26 Aug 2022 | £572,459 | £574,000 | 31 WATERSLEA DRIVE |
| 17 Aug 2022 | £528,577 | £530,000 | 5 PORTFIELD CLOSE |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 5 Dec 2016. Using an estimated price of £646,595 means this house is valued at £3,457 per sq meter (£321 per sq foot).
The average size of a house on WATERSLEA DRIVE is 163 sq meters (1,758 sq feet).