£258,622
This estimated value is based upon the latest sale price for the house of £240,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£240,000 | 30 Sep 2021 |
£189,995 | 23 Aug 2013 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,184 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 September 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £240,000 results in an estimated price of approximately £258,622.
30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £240,000 | £18,622 | £258,622 |
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 | -25.594 % | £-61,424 | £178,575 |
3 Month Average | -7.850 % | £-18,839 | £221,160 |
6 Month Average | -12.556 % | £-30,135 | £209,864 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £228,381 | £225,000 | 10 THORNS CLOSE |
8 Mar 2023 | £302,853 | £300,000 | 25A THORNS CLOSE |
1 Feb 2023 | £78,947 | £79,000 | 9 COBDEN STREET |
11 Jul 2022 | £147,397 | £147,000 | 1 COBDEN STREET |
13 May 2022 | £254,801 | £250,000 | 31 AVONCLIFF CLOSE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 9 Aug 2011. Using an estimated price of £258,622 means this house is valued at £2,350 per sq meter (£218 per sq foot).
The average size of a house on TEMPLE ROAD is 71 sq meters (772 sq feet).