£159,360
This estimated value is based upon the latest sale price for the house of £129,000 on 23 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£129,000 | 23 Jan 2019 |
Terraced |
Leasehold |
Floor Area: 152 sq meters or 1,636 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 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £129,000 results in an estimated price of approximately £159,360.
23 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.536 % | £129,000 | £30,360 | £159,360 |
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 | 11.728 % | £15,129 | £144,129 |
3 Month Average | 33.204 % | £42,833 | £171,833 |
6 Month Average | 28.917 % | £37,302 | £166,302 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £253,757 | £250,000 | 206 WIGAN ROAD |
6 Nov 2023 | £228,381 | £225,000 | 204 WIGAN ROAD |
13 Mar 2023 | £94,894 | £94,000 | 8 LENORA STREET |
25 Feb 2022 | £91,236 | £87,000 | 6 WINDOVER STREET |
14 Jan 2022 | £205,220 | £195,000 | 301 WIGAN ROAD |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 11 Nov 2019. Using an estimated price of £159,361 means this house is valued at £1,048 per sq meter (£97 per sq foot).
The average size of a house on WIGAN ROAD is 97 sq meters (1,052 sq feet).