£86,244
This estimated value is based upon the latest sale price for the house of £66,000 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£66,000 | 6 Jan 2017 |
£61,000 | 25 Jun 2004 |
Terraced |
Leasehold |
Floor Area: 75 sq meters or 807 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 January 2017 the House Price Index for GREATER MANCHESTER was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £66,000 results in an estimated price of approximately £86,244.
6 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.6 | 30.673 % | £66,000 | £20,244 | £86,244 |
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 | 27.760 % | £18,321 | £84,321 |
3 Month Average | 31.297 % | £20,656 | £86,656 |
6 Month Average | 45.653 % | £30,131 | £96,131 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £146,878 | £145,000 | 479 TONGE MOOR ROAD |
1 Sep 2023 | £93,698 | £92,500 | 436 TONGE MOOR ROAD |
11 Aug 2023 | £121,059 | £120,000 | 397 TONGE MOOR ROAD |
21 Jul 2023 | £126,705 | £125,000 | 489 TONGE MOOR ROAD |
10 Mar 2023 | £100,951 | £100,000 | 379 TONGE MOOR ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 8 Nov 2013. Using an estimated price of £86,244 means this house is valued at £1,149 per sq meter (£106 per sq foot).
The average size of a house on TONGE MOOR ROAD is 84 sq meters (904 sq feet).