£172,503
This estimated value is based upon the latest sale price for the house of £108,000 on 20 Jan 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £108,000 | 20 Jan 2014 |
| £49,950 | 18 Nov 1999 |
| £45,000 | 9 Dec 1996 |
| Terraced |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 2014 the House Price Index for GREATER MANCHESTER was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £108,000 results in an estimated price of approximately £172,503.
| 20 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £108,000 | £64,503 | £172,503 |
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 | 13.235 % | £14,293 | £122,293 |
| 3 Month Average | 37.478 % | £40,476 | £148,476 |
| 6 Month Average | 54.903 % | £59,295 | £167,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £223,001 | £220,000 | 12 ASTLEY ROAD |
| 26 Jun 2023 | £232,820 | £230,000 | 24 ASTLEY ROAD |
| 9 Jun 2023 | £146,778 | £145,000 | 12 TOTTINGTON ROAD |
| 28 Mar 2023 | £185,750 | £184,000 | 7 RECREATION STREET |
| 23 Mar 2023 | £274,082 | £271,500 | 13 ASTLEY ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 29 May 2013. Using an estimated price of £172,503 means this house is valued at £2,183 per sq meter (£202 per sq foot).
The average size of a house on TOTTINGTON ROAD is 114 sq meters (1,235 sq feet).