£123,668
This estimated value is based upon the latest sale price for the house of £125,000 on 20 Oct 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £125,000 | 20 Oct 2022 |
| £99,000 | 21 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 627 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 October 2022 the House Price Index for GREATER MANCHESTER was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £125,000 results in an estimated price of approximately £123,668.
| 20 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.6 | -1.065 % | £125,000 | £-1,331 | £123,668 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 7.179 % | £8,973 | £133,973 |
| 3 Month Average | -5.970 % | £-7,462 | £117,537 |
| 6 Month Average | -2.342 % | £-2,927 | £122,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £227,914 | £225,000 | 270 GREEN LANE |
| 11 Aug 2023 | £118,033 | £117,000 | 28 CANAL STREET |
| 8 Mar 2023 | £131,236 | £130,000 | 15 ROBERT STREET |
| 8 Feb 2023 | £226,847 | £227,000 | 167 GREEN LANE |
| 22 Nov 2022 | £118,564 | £120,000 | 43 WITHINGTON STREET |
This house has a floor area of 58 sq meters or 627 sq feet when measured on 17 May 2011. Using an estimated price of £123,668 means this house is valued at £2,119 per sq meter (£196 per sq foot).
The average size of a house on TORRINGTON STREET is 76 sq meters (822 sq feet).