£102,782
This estimated value is based upon the latest sale price for the house of £85,000 on 6 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £85,000 | 6 Jul 2020 |
| £85,000 | 11 Mar 2016 |
| Semi-Detached |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 2020 the House Price Index for GREATER MANCHESTER was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £85,000 results in an estimated price of approximately £102,782.
| 6 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £85,000 | £17,782 | £102,782 |
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 | -27.868 % | £-23,687 | £61,312 |
| 3 Month Average | 34.824 % | £29,600 | £114,600 |
| 6 Month Average | 26.586 % | £22,597 | £107,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £253,757 | £250,000 | 169 PARK ROAD |
| 25 Jul 2023 | £38,518 | £38,000 | 21 SILVERDALE ROAD |
| 30 Mar 2023 | £197,864 | £196,000 | 159 PARK ROAD |
| 27 Jan 2023 | £64,695 | £65,000 | 29 BERTRAND ROAD |
| 1 Jun 2022 | £148,093 | £146,000 | 35 BERTRAND ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 19 May 2020. Using an estimated price of £102,782 means this house is valued at £1,489 per sq meter (£138 per sq foot).
The average size of a house on PARK ROAD is 126 sq meters (1,366 sq feet).