£341,511
This estimated value is based upon the latest sale price for the house of £183,450 on 11 Mar 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£183,450 | 11 Mar 2005 |
Terraced |
Leasehold |
Floor Area: 110 sq meters or 1,194 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 March 2005 the House Price Index for GREATER MANCHESTER was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £183,450 results in an estimated price of approximately £341,511.
11 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.160 % | £183,450 | £158,061 | £341,511 |
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 | 138.360 % | £253,821 | £437,271 |
3 Month Average | 63.589 % | £116,653 | £300,103 |
6 Month Average | 62.362 % | £114,403 | £297,853 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £190,000 | £190,000 | 61 PARKEDGE CLOSE |
17 Feb 2023 | £149,899 | £150,000 | 14 LIGHTBURNE AVENUE |
19 Jan 2023 | £159,250 | £160,000 | 65 PARKEDGE CLOSE |
23 May 2022 | £170,207 | £167,000 | 37 LIGHTBURNE AVENUE |
20 May 2022 | £157,467 | £154,500 | 13 LIGHTBURNE AVENUE |
This house has a floor area of 110 sq meters or 1,194 sq feet when measured on 10 Aug 2011. Using an estimated price of £341,511 means this house is valued at £3,078 per sq meter (£285 per sq foot).
The average size of a house on PARKEDGE CLOSE is 107 sq meters (1,161 sq feet).