£159,789
This estimated value is based upon the latest sale price for the house of £120,000 on 8 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 8 Jul 2016 |
| £85,000 | 12 Mar 2004 |
| £46,950 | 15 Dec 2000 |
| Semi-Detached |
| Leasehold |
| Floor Area: 104 sq meters or 1,119 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 July 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £120,000 results in an estimated price of approximately £159,789.
| 8 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £120,000 | £39,789 | £159,789 |
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 | 111.356 % | £133,626 | £253,626 |
| 3 Month Average | 50.828 % | £60,993 | £180,993 |
| 6 Month Average | 35.532 % | £42,638 | £162,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £192,592 | £190,000 | 9 CHINNOR CLOSE |
| 30 Mar 2023 | £131,236 | £130,000 | 187 MAPLE CRESCENT |
| 1 Nov 2022 | £158,085 | £160,000 | 337 LEIGH ROAD |
| 1 Jul 2022 | £125,337 | £125,000 | 343 LEIGH ROAD |
| 24 Feb 2022 | £138,428 | £132,000 | 18 FURNIVAL STREET |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 29 Mar 2017. Using an estimated price of £159,789 means this house is valued at £1,536 per sq meter (£142 per sq foot).