£240,966
This estimated value is based upon the latest sale price for the house of £197,000 on 12 May 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £197,000 | 12 May 2020 |
| £78,000 | 24 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 May 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £197,000 results in an estimated price of approximately £240,966.
| 12 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £197,000 | £43,966 | £240,966 |
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 | -14.116 % | £-27,808 | £169,191 |
| 3 Month Average | 15.847 % | £31,217 | £228,217 |
| 6 Month Average | 27.862 % | £54,887 | £251,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £197,930 | £195,000 | 11 NEW GREEN |
| 13 Nov 2023 | £279,133 | £275,000 | THE STABLES TOTTINGTON ROAD |
| 20 Jul 2023 | £398,362 | £393,000 | 25 RIDING GATE MEWS |
| 18 Apr 2023 | £303,265 | £300,000 | 71 TOTTINGTON ROAD |
| 19 Aug 2022 | £257,806 | £258,500 | 39 SEAFORD ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 22 Jan 2020. Using an estimated price of £240,967 means this house is valued at £3,256 per sq meter (£302 per sq foot).
The average size of a house on TOTTINGTON ROAD is 114 sq meters (1,235 sq feet).