£525,638
This estimated value is based upon the latest sale price for the house of £325,000 on 16 Mar 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £325,000 | 16 Mar 2007 |
| £249,950 | 14 Dec 2001 |
| £150,000 | 14 Dec 1998 |
| £120,000 | 6 Jan 1995 |
| Flats/Maisonettes |
| Freehold |
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 2007 the House Price Index for GREATER MANCHESTER was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £325,000 results in an estimated price of approximately £525,638.
| 16 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.735 % | £325,000 | £200,638 | £525,638 |
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 | -18.515 % | £-60,172 | £264,827 |
| 3 Month Average | 57.360 % | £186,421 | £511,421 |
| 6 Month Average | 79.083 % | £257,019 | £582,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £1,513,238 | £1,500,000 | THE NEW HOUSE RICHMOND ROAD |
| 31 Jul 2023 | £491,617 | £485,000 | 8 BOW GREEN ROAD |
| 12 Aug 2022 | £678,175 | £680,000 | 2 WEST BANK CHURCH BROW |
| 10 Jan 2022 | £1,452,323 | £1,380,000 | MULROY TALBOT ROAD |
| 16 Dec 2021 | £1,698,133 | £1,585,000 | 67 LANGHAM ROAD |