£123,223
This estimated value is based upon the latest sale price for the house of £100,000 on 22 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 |
|---|---|
| £100,000 | 22 May 2020 |
| £66,500 | 13 Aug 2008 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 955 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 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £100,000 results in an estimated price of approximately £123,223.
| 22 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £100,000 | £23,223 | £123,223 |
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 | -5.274 % | £-5,274 | £94,725 |
| 3 Month Average | 37.138 % | £37,137 | £137,137 |
| 6 Month Average | 27.215 % | £27,214 | £127,214 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £210,000 | £210,000 | 242 AINSWORTH LANE |
| 15 Mar 2024 | £135,075 | £133,000 | 300 AINSWORTH LANE |
| 30 Nov 2023 | £112,865 | £110,000 | 280 AINSWORTH LANE |
| 9 Nov 2023 | £131,847 | £128,500 | 314 AINSWORTH LANE |
| 26 Oct 2023 | £138,137 | £135,000 | 260 AINSWORTH LANE |
This house has a floor area of 88 sq meters or 955 sq feet when measured on 29 Sep 2011. Using an estimated price of £123,224 means this house is valued at £1,388 per sq meter (£129 per sq foot).
The average size of a house on TONGE PARK AVENUE is 93 sq meters (1,001 sq feet).