£46,083
This estimated value is based upon the latest sale price for the house of £14,285 on 7 Nov 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £14,285 | 7 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 November 2001 the House Price Index for GREATER MANCHESTER was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £14,285 results in an estimated price of approximately £46,083.
| 7 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £14,285 | £31,798 | £46,083 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | 720.431 % | £102,913 | £117,198 |
| 3 Month Average | 753.316 % | £107,611 | £121,896 |
| 6 Month Average | 726.108 % | £103,724 | £118,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £96,482 | £95,000 | 2 SUMAC STREET |
| 10 Oct 2023 | £1,944,156 | £1,900,000 | WALKERS OF MANCHESTER LTD CRABTREE LANE |
| 11 Aug 2023 | £188,398 | £185,000 | 922 ASHTON NEW ROAD |
| 14 Jun 2023 | £127,556 | £125,000 | 930 ASHTON NEW ROAD |
| 14 Apr 2023 | £173,189 | £169,950 | 64 COATBRIDGE STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 30 Dec 2013. Using an estimated price of £46,083 means this house is valued at £512 per sq meter (£47 per sq foot).
The average size of a house on ASHTON NEW ROAD is 115 sq meters (1,242 sq feet).