£149,387
This estimated value is based upon the latest sale price for the house of £140,000 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £140,000 | 21 Dec 2021 |
| Terraced |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 December 2021 the House Price Index for GREATER MANCHESTER was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £140,000 results in an estimated price of approximately £149,387.
| 21 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £140,000 | £9,387 | £149,387 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | -8.689 % | £-12,165 | £127,834 |
| 3 Month Average | -5.242 % | £-7,338 | £132,661 |
| 6 Month Average | 1.384 % | £1,937 | £141,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £174,058 | £173,000 | 174 TOTTINGTON ROAD |
| 26 Jul 2023 | £116,098 | £115,000 | 224 TOTTINGTON ROAD |
| 21 Jul 2023 | £151,432 | £150,000 | 239 TOTTINGTON ROAD |
| 24 Feb 2023 | £194,082 | £195,000 | 38 VALLEY VIEW |
| 2 Feb 2023 | £59,718 | £60,000 | UNIT A, THE YARD WOOLFOLD INDUSTRIAL ESTATE MITCHELL STREET |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 22 May 2019. Using an estimated price of £149,387 means this house is valued at £1,333 per sq meter (£123 per sq foot).
The average size of a house on TOTTINGTON ROAD is 84 sq meters (905 sq feet).