£232,898
This estimated value is based upon the latest sale price for the house of £185,209 on 30 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£185,209 | 30 Apr 2018 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 April 2018 the House Price Index for GREATER MANCHESTER was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £185,209 results in an estimated price of approximately £232,898.
30 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 149.7 | 25.749 % | £185,209 | £47,689 | £232,898 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | -2.167 % | £-4,012 | £181,196 |
3 Month Average | 43.518 % | £80,599 | £265,808 |
6 Month Average | 53.059 % | £98,270 | £283,479 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jan 2023 | £230,616 | £230,000 | 7 LAPFORD ROAD |
26 Jul 2022 | £78,789 | £78,000 | 13 MARJORIE CLOSE |
17 Jan 2022 | £233,244 | £220,000 | 1 GABRIEL CLOSE |
18 Jun 2021 | £226,982 | £210,000 | 4 HOLDNESS ROAD |
8 Jun 2021 | £113,491 | £105,000 | 170 GORTON LANE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 26 Apr 2018. Using an estimated price of £232,899 means this house is valued at £2,985 per sq meter (£277 per sq foot).
The average size of a house on TILSHEAD ROAD is 84 sq meters (912 sq feet).