£51,427
This estimated value is based upon the latest sale price for the house of £24,000 on 29 Jan 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£24,000 | 29 Jan 2004 |
£20,000 | 29 Jun 1998 |
Terraced |
Leasehold |
Floor Area: 60 sq meters or 645 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 January 2004 the House Price Index for GREATER MANCHESTER was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £24,000 results in an estimated price of approximately £51,427.
29 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
69.3 | 148.6 | 114.281 % | £24,000 | £27,427 | £51,427 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 92.409 % | £22,178 | £46,178 |
3 Month Average | 89.622 % | £21,509 | £45,509 |
6 Month Average | 105.641 % | £25,353 | £49,353 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £91,166 | £90,000 | 12 CHARLES HOLDEN STREET |
28 Jun 2023 | £91,104 | £90,000 | 138 SPA ROAD |
3 Mar 2023 | £75,713 | £75,000 | 25 CHARLES HOLDEN STREET |
26 Jan 2023 | £72,658 | £73,000 | 1 CHARLES HOLDEN STREET |
9 Jun 2022 | £92,304 | £91,000 | 142 SPA ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 5 Mar 2013. Using an estimated price of £51,427 means this house is valued at £857 per sq meter (£79 per sq foot).
The average size of a house on TAVISTOCK ROAD is 74 sq meters (805 sq feet).