£129,220
This estimated value is based upon the latest sale price for the house of £104,000 on 9 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £104,000 | 9 Jul 2019 |
| £60,500 | 26 Mar 2014 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,122 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 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £104,000 results in an estimated price of approximately £129,220.
| 9 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £104,000 | £25,220 | £129,220 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | 100.976 % | £105,015 | £209,015 |
| 3 Month Average | 70.632 % | £73,457 | £177,457 |
| 6 Month Average | 46.283 % | £48,133 | £152,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £171,489 | £170,000 | 711 ASHTON NEW ROAD |
| 17 Nov 2023 | £125,178 | £122,000 | 707 ASHTON NEW ROAD |
| 19 Oct 2023 | £99,254 | £97,000 | 15 SCHOFIELD STREET |
| 9 Jun 2023 | £166,333 | £163,000 | 665 ASHTON NEW ROAD |
| 4 Nov 2022 | £204,046 | £205,000 | 9 EASTERN BY PASS |
This house has a floor area of 104 sq meters or 1,122 sq feet when measured on 11 Mar 2009. Using an estimated price of £129,220 means this house is valued at £1,238 per sq meter (£115 per sq foot).
The average size of a house on ASHTON NEW ROAD is 115 sq meters (1,242 sq feet).