£122,885
This estimated value is based upon the latest sale price for the house of £78,000 on 14 Mar 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £78,000 | 14 Mar 2008 |
| £30,000 | 30 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 767 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 2008 the House Price Index for GREATER MANCHESTER was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £78,000 results in an estimated price of approximately £122,885.
| 14 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.546 % | £78,000 | £44,885 | £122,885 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 115.804 % | £90,327 | £168,327 |
| 3 Month Average | 35.794 % | £27,919 | £105,919 |
| 6 Month Average | 31.912 % | £24,891 | £102,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £121,803 | £120,000 | 7 SHELDWICH CLOSE |
| 13 Sep 2023 | £119,579 | £118,050 | 12 MOORLANDS AVENUE |
| 24 Jul 2023 | £187,524 | £185,000 | 12 WOODLANDS AVENUE |
| 12 Aug 2022 | £129,651 | £130,000 | 13 BONNYWELL ROAD |
| 8 Apr 2022 | £200,811 | £195,000 | 6 WOODLANDS AVENUE |
This house has a floor area of 71 sq meters or 767 sq feet when measured on 9 Jan 2012. Using an estimated price of £122,886 means this house is valued at £1,723 per sq meter (£160 per sq foot).
The average size of a house on MOORLANDS AVENUE is 87 sq meters (943 sq feet).