£401,722
This estimated value is based upon the latest sale price for the house of £240,000 on 26 Mar 2013. 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 |
---|---|
£240,000 | 26 Mar 2013 |
£286,000 | 31 Mar 2004 |
£229,995 | 7 Feb 2003 |
Detached |
Freehold |
Floor Area: 162 sq meters or 1,743 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 March 2013 the House Price Index for GREATER MANCHESTER was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £240,000 results in an estimated price of approximately £401,722.
26 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.6 | 67.384 % | £240,000 | £161,722 | £401,722 |
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 | 29.288 % | £70,290 | £310,290 |
3 Month Average | 26.567 % | £63,760 | £303,760 |
6 Month Average | 36.460 % | £87,503 | £327,503 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2023 | £434,680 | £430,000 | 39 TANGMERE AVENUE |
29 Apr 2022 | £288,344 | £280,000 | 75 TANGMERE AVENUE |
8 Apr 2022 | £244,577 | £237,500 | 9 HORNCHURCH COURT |
1 Feb 2022 | £461,426 | £440,000 | 1 HORNCHURCH COURT |
15 Oct 2021 | £165,972 | £150,000 | 16 HORNCHURCH COURT |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 8 Aug 2014. Using an estimated price of £401,722 means this house is valued at £2,479 per sq meter (£230 per sq foot).
The average size of a house on TANGMERE AVENUE is 117 sq meters (1,269 sq feet).