£168,842
This estimated value is based upon the latest sale price for the house of £125,000 on 11 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£125,000 | 11 Mar 2016 |
£66,500 | 26 Jan 2001 |
£56,950 | 27 Oct 1998 |
Semi-Detached |
Leasehold |
Floor Area: 65 sq meters or 703 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 2016 the House Price Index for GREATER MANCHESTER was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £125,000 results in an estimated price of approximately £168,842.
11 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £125,000 | £43,842 | £168,842 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 37.242 % | £46,552 | £171,552 |
3 Month Average | 55.336 % | £69,169 | £194,169 |
6 Month Average | 51.554 % | £64,442 | £189,442 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £172,319 | £170,000 | 5 TROON CLOSE |
25 Mar 2022 | £170,983 | £165,000 | 70 BEAUMONT CHASE |
21 Mar 2022 | £176,165 | £170,000 | 98 BEAUMONT CHASE |
6 Dec 2021 | £123,208 | £115,000 | 7 MUIRFIELD CLOSE |
26 Nov 2021 | £378,530 | £350,000 | 18 BEAUMONT CHASE |
This house has a floor area of 65 sq meters or 703 sq feet when measured on 24 Nov 2009. Using an estimated price of £168,842 means this house is valued at £2,584 per sq meter (£240 per sq foot).
The average size of a house on TROON CLOSE is 69 sq meters (742 sq feet).