£182,134
This estimated value is based upon the latest sale price for the house of £170,000 on 10 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £170,000 | 10 Dec 2021 |
| £135,000 | 8 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 December 2021 the House Price Index for GREATER MANCHESTER was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £170,000 results in an estimated price of approximately £182,134.
| 10 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £170,000 | £12,134 | £182,134 |
The Postcode Pricing Model uses changes in average sales price within the WN5 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 | 8.767 % | £14,903 | £184,903 |
| 3 Month Average | 29.937 % | £50,893 | £220,893 |
| 6 Month Average | 13.770 % | £23,409 | £193,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £137,404 | £135,000 | 217 BILLINGE ROAD |
| 7 Aug 2023 | £151,324 | £150,000 | 48 CAMPBELL STREET |
| 21 Jul 2023 | £111,501 | £110,000 | 77 TUNSTALL LANE |
| 26 Apr 2023 | £87,947 | £87,000 | 42 CAMPBELL STREET |
| 21 Apr 2023 | £69,246 | £68,500 | 46 CAMPBELL STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 23 Nov 2016. Using an estimated price of £182,134 means this house is valued at £1,937 per sq meter (£180 per sq foot).
The average size of a house on TUNSTALL LANE is 81 sq meters (872 sq feet).