£105,686
This estimated value is based upon the latest sale price for the house of £35,000 on 22 Mar 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£35,000 | 22 Mar 2002 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 688 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 March 2002 the House Price Index for GREATER MANCHESTER was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £35,000 results in an estimated price of approximately £105,686.
22 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.2 | 148.6 | 201.961 % | £35,000 | £70,686 | £105,686 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 225.874 % | £79,055 | £114,055 |
3 Month Average | 203.878 % | £71,357 | £106,357 |
6 Month Average | 202.609 % | £70,913 | £105,913 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £101,781 | £100,000 | 839 MOSS BANK WAY |
7 Nov 2023 | £91,352 | £90,000 | 15 SHACKLETON GROVE |
3 Nov 2023 | £659,768 | £650,000 | 5 HODGKINSONS FARM BOOT LANE |
24 Aug 2023 | £256,242 | £254,000 | 804 MOSS BANK WAY |
17 Aug 2023 | £151,324 | £150,000 | 817 CHORLEY OLD ROAD |
This house has a floor area of 63 sq meters or 688 sq feet when measured on 2 Aug 2010. Using an estimated price of £105,687 means this house is valued at £1,652 per sq meter (£153 per sq foot).
The average size of a house on MOSS BANK WAY is 91 sq meters (984 sq feet).