£1,183,696
This estimated value is based upon the latest sale price for the house of £850,000 on 5 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £850,000 | 5 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 November 2015 the House Price Index for GREATER MANCHESTER was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £850,000 results in an estimated price of approximately £1,183,696.
| 5 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £850,000 | £333,696 | £1,183,696 |
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 | -12.598 % | £-107,086 | £742,913 |
| 3 Month Average | 23.801 % | £202,310 | £1,052,310 |
| 6 Month Average | 32.418 % | £275,552 | £1,125,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £174,645 | £173,000 | 19 THIRD STREET |
| 13 Jan 2023 | £168,208 | £169,000 | 11 SECOND STREET |
| 8 Dec 2021 | £139,279 | £130,000 | 89 LIGHTBOUNDS ROAD |
| 23 Jul 2021 | £385,004 | £335,000 | 5 FIRST STREET |
| 30 Jun 2021 | £697,401 | £650,000 | OWL BARN HAMPSONS FARM COAL PIT ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 19 Sep 2014. Using an estimated price of £1,183,697 means this house is valued at £7,839 per sq meter (£728 per sq foot).
There is one other house on the street which we know the size of, this is CUNLIFFES FARM COTTAGE COLLIERS ROW ROAD it is 196.0