£193,349
This estimated value is based upon the latest sale price for the house of £167,450 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £167,450 | 6 Nov 2020 |
| £71,000 | 12 Apr 2013 |
| £61,000 | 5 Nov 2010 |
| £125,000 | 25 Jan 2008 |
| Terraced |
| Leasehold |
| Floor Area: 126 sq meters or 1,356 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 November 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £167,450 results in an estimated price of approximately £193,349.
| 6 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £167,450 | £25,899 | £193,349 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 3.958 % | £6,627 | £174,077 |
| 3 Month Average | 21.799 % | £36,502 | £203,952 |
| 6 Month Average | 36.401 % | £60,952 | £228,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £557,153 | £550,000 | 27 ALDER GROVE |
| 6 Nov 2023 | £207,666 | £205,000 | 1 RIGBY LANE |
| 28 Jul 2023 | £388,677 | £385,000 | 304 TURTON ROAD |
| 25 Jan 2023 | £381,648 | £385,000 | 9 ALDER GROVE |
| 14 Oct 2022 | £223,675 | £227,000 | 15 RIGBY LANE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 17 Jun 2015. Using an estimated price of £193,350 means this house is valued at £1,534 per sq meter (£142 per sq foot).
The average size of a house on TURTON ROAD is 91 sq meters (988 sq feet).