£250,673
This estimated value is based upon the latest sale price for the house of £145,000 on 31 Oct 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £145,000 | 31 Oct 2011 |
| £113,100 | 30 Jul 2004 |
| £113,100 | 30 Jul 2004 |
| £48,000 | 26 Feb 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 October 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £145,000 results in an estimated price of approximately £250,673.
| 31 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £145,000 | £105,673 | £250,673 |
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 | -10.711 % | £-15,530 | £129,469 |
| 3 Month Average | 17.455 % | £25,310 | £170,310 |
| 6 Month Average | 12.477 % | £18,091 | £163,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £263,758 | £265,000 | 27 SWINLEY LANE |
| 22 Jul 2022 | £309,834 | £309,000 | 21 SWINLEY LANE |
| 23 Mar 2022 | £103,626 | £100,000 | 10 SWINLEY LANE |
| 22 Mar 2022 | £227,926 | £219,950 | 60 SWINLEY LANE |
| 21 Mar 2022 | £182,382 | £176,000 | 6 ASHLAND AVENUE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 29 Oct 2015. Using an estimated price of £250,674 means this house is valued at £2,038 per sq meter (£189 per sq foot).
The average size of a house on SWINLEY STREET is 114 sq meters (1,229 sq feet).
This house is the largest in the street with a floor area of 123 sq meters (1,323 sq feet).