£163,886
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £130,000 | 30 Nov 2017 |
| £52,950 | 14 Jan 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 November 2017 the House Price Index for GREATER MANCHESTER was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £130,000 results in an estimated price of approximately £163,886.
| 30 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £130,000 | £33,886 | £163,886 |
The Postcode Pricing Model uses changes in average sales price within the WN3 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 | 91.069 % | £118,389 | £248,389 |
| 3 Month Average | 43.860 % | £57,017 | £187,017 |
| 6 Month Average | 20.116 % | £26,150 | £156,150 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £217,636 | £215,000 | 19 BURLEY CRESCENT |
| 1 Jul 2022 | £220,594 | £220,000 | 17 BYFLEET CLOSE |
| 27 May 2022 | £188,553 | £185,000 | 17 BURLEY CRESCENT |
| 25 Mar 2022 | £165,802 | £160,000 | 50 BURLEY CRESCENT |
| 27 Sep 2021 | £201,510 | £187,000 | 11A SHEFFORD CRESCENT |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 16 Aug 2013. Using an estimated price of £163,887 means this house is valued at £2,410 per sq meter (£223 per sq foot).
The average size of a house on ELKSTONE CLOSE is 86 sq meters (932 sq feet).