£336,086
This estimated value is based upon the latest sale price for the house of £120,000 on 29 Jul 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 29 Jul 2002 |
| Terraced |
| Freehold |
| 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 July 2002 the House Price Index for GREATER MANCHESTER was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £120,000 results in an estimated price of approximately £336,086.
| 29 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £120,000 | £216,086 | £336,086 |
The Postcode Pricing Model uses changes in average sales price within the WA15 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 | 139.262 % | £167,114 | £287,114 |
| 3 Month Average | 95.820 % | £114,983 | £234,983 |
| 6 Month Average | 157.681 % | £189,217 | £309,217 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2022 | £1,559,407 | £1,572,000 | 51 - 53 BOROUGH ROAD |
| 25 Jul 2022 | £404,088 | £403,000 | 45 BOROUGH ROAD |
| 31 May 2022 | £203,562 | £130,000 | 33A BOROUGH ROAD |
| 14 Apr 2022 | £550,943 | £535,000 | 10 MAYORS ROAD |
| 25 Mar 2022 | £569,944 | £550,000 | 4 CHARTER ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 9 Jul 2019. Using an estimated price of £336,087 means this house is valued at £4,481 per sq meter (£416 per sq foot).
The average size of a house on BOROUGH ROAD is 91 sq meters (985 sq feet).