£383,937
This estimated value is based upon the latest sale price for the house of £355,000 on 17 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £355,000 | 17 Nov 2021 |
| £60,000 | 30 Mar 2001 |
| £60,000 | 30 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2021 the House Price Index for GREATER MANCHESTER was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £355,000 results in an estimated price of approximately £383,937.
| 17 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £355,000 | £28,937 | £383,937 |
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 | 101.745 % | £361,195 | £716,195 |
| 3 Month Average | 9.388 % | £33,326 | £388,326 |
| 6 Month Average | 1.404 % | £4,983 | £359,983 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2023 | £164,269 | £162,500 | 331 WALMERSLEY ROAD |
| 22 Feb 2023 | £157,894 | £158,000 | 30 WOLSTENHOLME AVENUE |
| 29 Jul 2022 | £145,391 | £145,000 | 336 WALMERSLEY ROAD |
| 15 Jul 2022 | £135,364 | £135,000 | 314 WALMERSLEY ROAD |
| 23 Mar 2022 | £139,895 | £135,000 | 333 WALMERSLEY ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 27 Mar 2014. Using an estimated price of £383,937 means this house is valued at £2,930 per sq meter (£272 per sq foot).
There is one other house on the street which we know the size of, this is LITTLEWOOD FARM NEWTON STREET it is 215.0