£54,189
This estimated value is based upon the latest sale price for the house of £24,500 on 13 Nov 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £24,500 | 13 Nov 2003 |
| Terraced |
| Leasehold |
| Floor Area: 61 sq meters or 658 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 2003 the House Price Index for GREATER MANCHESTER was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £24,500 results in an estimated price of approximately £54,189.
| 13 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £24,500 | £29,689 | £54,189 |
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 | 107.836 % | £26,419 | £50,919 |
| 3 Month Average | 136.936 % | £33,549 | £58,049 |
| 6 Month Average | 166.136 % | £40,703 | £65,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £76,336 | £75,000 | 135 TONGE MOOR ROAD |
| 1 Nov 2023 | £113,683 | £112,000 | 172 TONGE MOOR ROAD |
| 18 Aug 2023 | £54,477 | £54,000 | 114 ELDON STREET |
| 15 Jun 2023 | £127,545 | £126,000 | 195 TONGE MOOR ROAD |
| 27 Apr 2023 | £96,034 | £95,000 | 208 TONGE MOOR ROAD |
This house has a floor area of 61 sq meters or 658 sq feet when measured on 29 Sep 2009. Using an estimated price of £54,190 means this house is valued at £885 per sq meter (£82 per sq foot).
The average size of a house on ELDON STREET is 73 sq meters (794 sq feet).