£85,468
This estimated value is based upon the latest sale price for the house of £81,500 on 9 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£81,500 | 9 Feb 2022 |
£14,000 | 24 Nov 2000 |
Terraced |
Leasehold |
Floor Area: 64 sq meters or 688 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 February 2022 the House Price Index for GREATER MANCHESTER was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £81,500 results in an estimated price of approximately £85,468.
9 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £81,500 | £3,968 | £85,468 |
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 | -17.609 % | £-14,351 | £67,148 |
3 Month Average | 17.796 % | £14,504 | £96,004 |
6 Month Average | 12.752 % | £10,392 | £91,892 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £76,336 | £75,000 | 135 TONGE MOOR ROAD |
28 Nov 2023 | £86,277 | £85,000 | 34 MOORFIELD GROVE |
1 Nov 2023 | £113,683 | £112,000 | 172 TONGE MOOR ROAD |
27 Apr 2023 | £96,034 | £95,000 | 208 TONGE MOOR ROAD |
29 Mar 2023 | £110,037 | £109,000 | 165 TONGE MOOR ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 10 Sep 2013. Using an estimated price of £85,469 means this house is valued at £1,335 per sq meter (£124 per sq foot).
The average size of a house on MOORFIELD GROVE is 67 sq meters (729 sq feet).