£146,653
This estimated value is based upon the latest sale price for the house of £40,000 on 30 Nov 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £40,000 | 30 Nov 2000 |
| Semi-Detached |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 2000 the House Price Index for GREATER MANCHESTER was 40.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 266.635%.Applying this 266.635% change to the original purchase price of £40,000 results in an estimated price of approximately £146,653.
| 30 Nov 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 149.7 | 266.635 % | £40,000 | £106,653 | £146,653 |
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 | 258.120 % | £103,248 | £143,248 |
| 3 Month Average | 263.927 % | £105,570 | £145,570 |
| 6 Month Average | 276.886 % | £110,754 | £150,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £196,012 | £193,000 | 952 WIGAN ROAD |
| 21 Dec 2023 | £184,778 | £179,100 | 27 KNUTSHAW CRESCENT |
| 10 Nov 2023 | £133,386 | £130,000 | 16 HUNGER HILL AVENUE |
| 9 Oct 2023 | £168,835 | £165,000 | 968 WIGAN ROAD |
| 29 Sep 2023 | £230,072 | £225,000 | 559 BOLTON ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 2 Oct 2014. Using an estimated price of £146,654 means this house is valued at £1,481 per sq meter (£137 per sq foot).
The average size of a house on PUNCH LANE is 115 sq meters (1,247 sq feet).
This house is the largest in the street with a floor area of 99 sq meters (1,065 sq feet).