£154,339
This estimated value is based upon the latest sale price for the house of £89,995 on 18 Nov 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £89,995 | 18 Nov 2010 |
| £54,950 | 28 Nov 2003 |
| £86,000 | 27 Aug 2001 |
| £33,500 | 21 Sep 2000 |
| Terraced |
| Leasehold |
| Floor Area: 64 sq meters or 693 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 2010 the House Price Index for GREATER MANCHESTER was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £89,995 results in an estimated price of approximately £154,339.
| 18 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.497 % | £89,995 | £64,344 | £154,339 |
The Postcode Pricing Model uses changes in average sales price within the WN1 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 | -3.859 % | £-3,473 | £86,521 |
| 3 Month Average | 28.527 % | £25,672 | £115,667 |
| 6 Month Average | 18.793 % | £16,913 | £106,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £162,404 | £160,000 | 18 DURHAM STREET |
| 29 Sep 2023 | £164,605 | £162,500 | 23 LEYBURN CLOSE |
| 21 Apr 2023 | £176,905 | £175,000 | 2A CORSOCK DRIVE |
| 14 Apr 2023 | £149,611 | £148,000 | 63 CORSOCK DRIVE |
| 6 Apr 2023 | £166,796 | £165,000 | 2 TINWALD PLACE |
This house has a floor area of 64 sq meters or 693 sq feet when measured on 6 Apr 2010. Using an estimated price of £154,339 means this house is valued at £2,396 per sq meter (£222 per sq foot).
The average size of a house on PLATT LANE is 72 sq meters (783 sq feet).