£73,003
This estimated value is based upon the latest sale price for the house of £55,000 on 17 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £55,000 | 17 Nov 2016 |
| £40,500 | 30 May 2014 |
| Terraced |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £55,000 results in an estimated price of approximately £73,003.
| 17 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £55,000 | £18,003 | £73,003 |
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 | 41.594 % | £22,876 | £77,876 |
| 3 Month Average | 75.096 % | £41,303 | £96,303 |
| 6 Month Average | 47.022 % | £25,861 | £80,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £252,190 | £250,000 | 191 TONGE MOOR ROAD |
| 7 Dec 2023 | £77,378 | £75,000 | 135 TONGE MOOR ROAD |
| 14 Nov 2023 | £60,537 | £59,000 | 112 ELDON STREET |
| 1 Nov 2023 | £114,917 | £112,000 | 172 TONGE MOOR ROAD |
| 22 Sep 2023 | £61,352 | £60,000 | 99 ELDON STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 9 Jan 2013. Using an estimated price of £73,003 means this house is valued at £1,216 per sq meter (£113 per sq foot).
The average size of a house on ELDON STREET is 73 sq meters (794 sq feet).