£179,470
This estimated value is based upon the latest sale price for the house of £143,000 on 12 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£143,000 | 12 Jan 2018 |
£98,000 | 12 Dec 2014 |
£56,000 | 16 Feb 2001 |
£45,000 | 30 Jan 1998 |
Semi-Detached |
Leasehold |
Floor Area: 67 sq meters or 721 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 January 2018 the House Price Index for GREATER MANCHESTER was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £143,000 results in an estimated price of approximately £179,470.
12 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 148.6 | 25.504 % | £143,000 | £36,470 | £179,470 |
The Postcode Pricing Model uses changes in average sales price within the WN3 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 | 102.278 % | £146,256 | £289,256 |
3 Month Average | 30.768 % | £43,998 | £186,998 |
6 Month Average | 21.572 % | £30,848 | £173,848 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £217,636 | £215,000 | 19 BURLEY CRESCENT |
1 Jul 2022 | £220,594 | £220,000 | 17 BYFLEET CLOSE |
27 May 2022 | £188,553 | £185,000 | 17 BURLEY CRESCENT |
25 Mar 2022 | £165,802 | £160,000 | 50 BURLEY CRESCENT |
27 Sep 2021 | £201,510 | £187,000 | 11A SHEFFORD CRESCENT |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 23 Feb 2015. Using an estimated price of £179,471 means this house is valued at £2,678 per sq meter (£248 per sq foot).
The average size of a house on ELKSTONE CLOSE is 86 sq meters (932 sq feet).