£292,954
This estimated value is based upon the latest sale price for the house of £172,000 on 3 Feb 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£172,000 | 3 Feb 2010 |
£179,995 | 22 Dec 2005 |
Detached |
Freehold |
Floor Area: 112 sq meters or 1,209 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 February 2010 the House Price Index for GREATER MANCHESTER was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £172,000 results in an estimated price of approximately £292,954.
3 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 148.6 | 70.322 % | £172,000 | £120,954 | £292,954 |
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 | 137.542 % | £236,572 | £408,572 |
3 Month Average | 44.082 % | £75,821 | £247,821 |
6 Month Average | 40.145 % | £69,048 | £241,048 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £115,541 | £113,830 | 41 PLATT FOLD STREET |
14 Jul 2023 | £116,569 | £115,000 | 51 PLATT FOLD STREET |
14 Jul 2023 | £127,719 | £126,000 | 10 REDFIELD CROFT |
16 Jun 2023 | £127,545 | £126,000 | 17 PLATT FOLD STREET |
25 Aug 2022 | £129,701 | £130,050 | 50 REDFIELD CROFT |
This house has a floor area of 112 sq meters or 1,209 sq feet when measured on 12 Jun 2009. Using an estimated price of £292,954 means this house is valued at £2,607 per sq meter (£242 per sq foot).
The average size of a house on REDFIELD CROFT is 71 sq meters (771 sq feet).