£548,423
This estimated value is based upon the latest sale price for the house of £199,950 on 27 Aug 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £199,950 | 27 Aug 2002 |
| Detached |
| Leasehold |
| Floor Area: 168 sq meters or 1,808 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 August 2002 the House Price Index for GREATER MANCHESTER was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £199,950 results in an estimated price of approximately £548,423.
| 27 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £199,950 | £348,473 | £548,423 |
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 | 88.393 % | £176,741 | £376,691 |
| 3 Month Average | 142.503 % | £284,935 | £484,885 |
| 6 Month Average | 183.676 % | £367,260 | £567,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £997,757 | £985,000 | 380 CHORLEY NEW ROAD |
| 4 Aug 2023 | £234,048 | £232,000 | 92 CLEVELANDS DRIVE |
| 21 Jul 2023 | £582,844 | £575,000 | 12 HILL SIDE |
| 18 Jul 2023 | £613,254 | £605,000 | 4 WOODS LEA |
| 20 Mar 2023 | £570,374 | £565,000 | 1 CRANARK CLOSE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 2 May 2018. Using an estimated price of £548,423 means this house is valued at £3,264 per sq meter (£303 per sq foot).
The average size of a house on HILL SIDE is 120 sq meters (1,299 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cambourne Drive |