£205,106
This estimated value is based upon the latest sale price for the house of £46,000 on 21 Apr 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £46,000 | 21 Apr 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 April 1999 the House Price Index for GREATER MANCHESTER was 33.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 345.883%.Applying this 345.883% change to the original purchase price of £46,000 results in an estimated price of approximately £205,106.
| 21 Apr 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 148.6 | 345.883 % | £46,000 | £159,106 | £205,106 |
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 | 419.713 % | £193,067 | £239,067 |
| 3 Month Average | 289.734 % | £133,277 | £179,277 |
| 6 Month Average | 283.295 % | £130,315 | £176,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £182,207 | £180,000 | 6 FIRVALE CLOSE |
| 3 Mar 2023 | £144,865 | £143,500 | 147 FIRS LANE |
| 10 Feb 2023 | £214,855 | £215,000 | 24 SUFFOLK GROVE |
| 30 Jan 2023 | £333,429 | £335,000 | 10 SUFFOLK GROVE |
| 19 Aug 2022 | £202,455 | £203,000 | 10 FIRVALE CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 27 Jan 2014. Using an estimated price of £205,106 means this house is valued at £2,848 per sq meter (£264 per sq foot).
The average size of a house on SOUTH HEY is 79 sq meters (858 sq feet).
This house is the largest in the street with a floor area of 72 sq meters (775 sq feet).