£139,441
This estimated value is based upon the latest sale price for the house of £82,400 on 2 Nov 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £82,400 | 2 Nov 2012 |
| £62,950 | 5 Dec 2003 |
| £37,000 | 27 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2012 the House Price Index for GREATER MANCHESTER was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £82,400 results in an estimated price of approximately £139,441.
| 2 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £82,400 | £57,041 | £139,441 |
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 | 29.364 % | £24,195 | £106,595 |
| 3 Month Average | 44.397 % | £36,583 | £118,983 |
| 6 Month Average | 59.815 % | £49,287 | £131,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £111,653 | £110,000 | 280 AINSWORTH LANE |
| 9 Nov 2023 | £130,431 | £128,500 | 314 AINSWORTH LANE |
| 14 Jul 2023 | £144,444 | £142,500 | 39 TONGE PARK AVENUE |
| 6 Jul 2023 | £121,637 | £120,000 | 55 TONGE PARK AVENUE |
| 12 Oct 2022 | £113,775 | £115,000 | 258 AINSWORTH LANE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 5 Sep 2012. Using an estimated price of £139,442 means this house is valued at £1,602 per sq meter (£148 per sq foot).
The average size of a house on TONGE PARK AVENUE is 93 sq meters (1,001 sq feet).