£365,639
This estimated value is based upon the latest sale price for the house of £76,500 on 5 Mar 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £76,500 | 5 Mar 1998 |
| £26,000 | 10 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 1998 the House Price Index for GREATER MANCHESTER was 31.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 377.961%.Applying this 377.961% change to the original purchase price of £76,500 results in an estimated price of approximately £365,639.
| 5 Mar 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 148.6 | 377.961 % | £76,500 | £289,139 | £365,639 |
The Postcode Pricing Model uses changes in average sales price within the WA14 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 | 100.880 % | £77,173 | £153,673 |
| 3 Month Average | 253.513 % | £193,937 | £270,437 |
| 6 Month Average | 305.918 % | £234,027 | £310,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £379,857 | £375,000 | 55 LOCK ROAD |
| 14 Aug 2023 | £413,618 | £410,000 | 49 LAWRENCE ROAD |
| 3 Aug 2023 | £453,971 | £450,000 | 85 LAWRENCE ROAD |
| 26 Aug 2022 | £356,540 | £357,500 | 20 POLLEN ROAD |
| 24 Aug 2022 | £498,658 | £500,000 | 2 NORMAN ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 21 Sep 2020. Using an estimated price of £365,640 means this house is valued at £4,301 per sq meter (£399 per sq foot).