£128,275
This estimated value is based upon the latest sale price for the house of £74,950 on 10 Dec 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £74,950 | 10 Dec 2010 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 901 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 December 2010 the House Price Index for GREATER MANCHESTER was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £74,950 results in an estimated price of approximately £128,275.
| 10 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £74,950 | £53,325 | £128,275 |
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 | -9.216 % | £-6,907 | £68,042 |
| 3 Month Average | 26.336 % | £19,738 | £94,688 |
| 6 Month Average | 17.037 % | £12,769 | £87,719 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £137,404 | £135,000 | 15 MCCORMACK DRIVE |
| 1 Aug 2023 | £78,688 | £78,000 | 23 HILTON STREET |
| 28 Jul 2023 | £116,569 | £115,000 | 7 HARDYBUTTS |
| 6 Jul 2023 | £55,750 | £55,000 | 13 DERBY HOUSE SCHOLES |
| 30 Jun 2023 | £117,372 | £115,950 | 5 HALL STREET |
This house has a floor area of 83 sq meters or 901 sq feet when measured on 7 Aug 2010. Using an estimated price of £128,275 means this house is valued at £1,532 per sq meter (£142 per sq foot).