£191,519
This estimated value is based upon the latest sale price for the house of £110,000 on 7 Dec 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £110,000 | 7 Dec 2009 |
| £60,000 | 7 Apr 2003 |
| £57,500 | 11 Jun 2001 |
| £60,000 | 3 Dec 1997 |
| £60,000 | 12 Jul 1996 |
| Terraced |
| Leasehold |
| Floor Area: 111 sq meters or 1,194 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 December 2009 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £110,000 results in an estimated price of approximately £191,519.
| 7 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £110,000 | £81,519 | £191,519 |
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 | 25.963 % | £28,559 | £138,559 |
| 3 Month Average | 82.829 % | £91,112 | £201,112 |
| 6 Month Average | 63.113 % | £69,423 | £179,423 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £87,214 | £85,000 | 34 MOORFIELD GROVE |
| 1 Nov 2023 | £114,917 | £112,000 | 172 TONGE MOOR ROAD |
| 27 Apr 2023 | £96,811 | £95,000 | 208 TONGE MOOR ROAD |
| 15 Mar 2023 | £66,104 | £65,000 | 12 MOORFIELD GROVE |
| 20 Feb 2023 | £101,679 | £101,000 | 62 MOORFIELD GROVE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 25 Jul 2019. Using an estimated price of £191,520 means this house is valued at £1,725 per sq meter (£160 per sq foot).
The average size of a house on TONGE MOOR ROAD is 84 sq meters (904 sq feet).