£118,821
This estimated value is based upon the latest sale price for the house of £64,250 on 6 May 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £64,250 | 6 May 2005 |
| Terraced |
| Leasehold |
| Floor Area: 73 sq meters or 788 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 May 2005 the House Price Index for GREATER MANCHESTER was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £64,250 results in an estimated price of approximately £118,821.
| 6 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.936 % | £64,250 | £54,571 | £118,821 |
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 | 17.792 % | £11,431 | £75,681 |
| 3 Month Average | 42.699 % | £27,434 | £91,684 |
| 6 Month Average | 53.684 % | £34,492 | £98,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £96,428 | £95,000 | 9 ASH GROVE |
| 26 Jul 2023 | £67,914 | £67,000 | 12 CROSBY ROAD |
| 23 Mar 2023 | £293,768 | £291,000 | 5 SALISBURY AVENUE |
| 24 Feb 2023 | £72,951 | £73,000 | 131 MORNINGTON ROAD |
| 6 Feb 2023 | £127,914 | £128,000 | 1 ASH GROVE |
This house has a floor area of 73 sq meters or 788 sq feet when measured on 17 Feb 2010. Using an estimated price of £118,821 means this house is valued at £1,623 per sq meter (£150 per sq foot).
The average size of a house on MORNINGTON ROAD is 79 sq meters (851 sq feet).