£116,649
This estimated value is based upon the latest sale price for the house of £59,000 on 28 Jun 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £59,000 | 28 Jun 2004 |
| £43,000 | 28 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 June 2004 the House Price Index for GREATER MANCHESTER was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £59,000 results in an estimated price of approximately £116,649.
| 28 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £59,000 | £57,649 | £116,649 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 74.172 % | £43,761 | £102,761 |
| 3 Month Average | 105.242 % | £62,092 | £121,092 |
| 6 Month Average | 148.599 % | £87,673 | £146,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £137,404 | £135,000 | 10 PEGAMOID STREET |
| 17 Nov 2023 | £231,426 | £228,000 | 59 TINTERN AVENUE |
| 8 Sep 2023 | £131,684 | £130,000 | 283 TONGE MOOR ROAD |
| 29 Jun 2023 | £126,533 | £125,000 | 23 PEGAMOID STREET |
| 20 Feb 2023 | £100,932 | £101,000 | 62 MOORFIELD GROVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 20 Apr 2021. Using an estimated price of £116,650 means this house is valued at £1,767 per sq meter (£164 per sq foot).
The average size of a house on LICHFIELD AVENUE is 99 sq meters (1,069 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).