£112,718
This estimated value is based upon the latest sale price for the house of £72,500 on 9 Oct 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £72,500 | 9 Oct 2007 |
| £57,000 | 17 Sep 2004 |
| £21,000 | 29 Sep 2003 |
| £21,650 | 30 Jan 2003 |
| Terraced |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 2007 the House Price Index for GREATER MANCHESTER was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £72,500 results in an estimated price of approximately £112,718.
| 9 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £72,500 | £40,218 | £112,718 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 56.277 % | £40,800 | £113,300 |
| 3 Month Average | 58.179 % | £42,179 | £114,679 |
| 6 Month Average | 47.871 % | £34,706 | £107,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2023 | £94,012 | £93,000 | 25 TONGE MOOR ROAD |
| 29 Jul 2022 | £62,669 | £62,500 | 27 POLE STREET |
| 11 Apr 2022 | £95,256 | £92,500 | 21 TONGE MOOR ROAD |
| 9 Mar 2022 | £95,336 | £92,000 | 22 UNION ROAD |
| 22 Feb 2022 | £91,236 | £87,000 | 13 STONE STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 9 Jun 2016. Using an estimated price of £112,718 means this house is valued at £1,587 per sq meter (£147 per sq foot).
The average size of a house on TONGE MOOR ROAD is 84 sq meters (904 sq feet).