£197,557
This estimated value is based upon the latest sale price for the house of £104,950 on 19 Nov 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £104,950 | 19 Nov 2004 |
| £38,000 | 4 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 2004 the House Price Index for GREATER MANCHESTER was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £104,950 results in an estimated price of approximately £197,557.
| 19 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £104,950 | £92,607 | £197,557 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 9.464 % | £9,932 | £114,882 |
| 3 Month Average | 30.120 % | £31,610 | £136,560 |
| 6 Month Average | 57.180 % | £60,010 | £164,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £101,245 | £99,950 | 296 WELLINGTON COURT BOLTON ROAD |
| 15 Sep 2023 | £265,900 | £262,500 | 34 GRANGE ROAD |
| 13 Apr 2023 | £131,415 | £130,000 | 322 WELLINGTON COURT BOLTON ROAD |
| 29 Nov 2022 | £224,283 | £227,000 | 10 GRANGE ROAD |
| 9 Sep 2022 | £270,317 | £272,500 | 16 CRAIG AVENUE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 6 Jun 2017. Using an estimated price of £197,557 means this house is valued at £3,658 per sq meter (£339 per sq foot).
The average size of a house on BOLTON ROAD is 106 sq meters (1,144 sq feet).