£172,982
This estimated value is based upon the latest sale price for the house of £110,000 on 28 Sep 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£110,000 | 28 Sep 2007 |
£61,000 | 9 Dec 2002 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 2007 the House Price Index for GREATER MANCHESTER was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £110,000 results in an estimated price of approximately £172,982.
28 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 149.7 | 57.257 % | £110,000 | £62,982 | £172,982 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 53.209 % | £58,529 | £168,529 |
3 Month Average | 72.013 % | £79,214 | £189,214 |
6 Month Average | 77.611 % | £85,371 | £195,371 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £245,000 | £245,000 | 37 BELGRAVE ROAD |
6 Dec 2023 | £108,329 | £105,000 | 12 WESTON AVENUE |
12 Oct 2023 | £235,345 | £230,000 | 73 MOSTON LANE EAST |
29 Aug 2023 | £218,949 | £215,000 | 69 MOSTON LANE EAST |
22 Jun 2023 | £130,618 | £128,000 | 80 MOSTON LANE EAST |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 16 Jul 2019. Using an estimated price of £172,983 means this house is valued at £1,943 per sq meter (£180 per sq foot).
The average size of a house on MOSTON LANE EAST is 107 sq meters (1,162 sq feet).