£344,731
This estimated value is based upon the latest sale price for the house of £202,000 on 23 Jul 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£202,000 | 23 Jul 2010 |
Detached |
Freehold |
Floor Area: 136 sq meters or 1,464 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 2010 the House Price Index for GREATER MANCHESTER was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £202,000 results in an estimated price of approximately £344,731.
23 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.659 % | £202,000 | £142,731 | £344,731 |
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 | -1.598 % | £-3,227 | £198,772 |
3 Month Average | 21.804 % | £44,043 | £246,043 |
6 Month Average | 43.561 % | £87,992 | £289,992 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £294,525 | £290,000 | 14 BOURNVILLE DRIVE |
13 Nov 2023 | £430,939 | £420,000 | 16 BOURNVILLE DRIVE |
10 Nov 2023 | £395,027 | £385,000 | 37 WADEBRIDGE DRIVE |
20 Oct 2023 | £240,461 | £235,000 | 7 BIDSTON CLOSE |
21 Apr 2023 | £354,633 | £348,000 | 40 WADEBRIDGE DRIVE |
This house has a floor area of 136 sq meters or 1,464 sq feet when measured on 25 Jan 2010. Using an estimated price of £344,731 means this house is valued at £2,533 per sq meter (£235 per sq foot).
The average size of a house on WADEBRIDGE DRIVE is 105 sq meters (1,140 sq feet).
This house is the largest in the street with a floor area of 136 sq meters (1,464 sq feet).