£368,443
This estimated value is based upon the latest sale price for the house of £249,950 on 26 Mar 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £249,950 | 26 Mar 2015 |
| £295,000 | 27 May 2008 |
| Detached |
| 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 2015 the House Price Index for GREATER MANCHESTER was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £249,950 results in an estimated price of approximately £368,443.
| 26 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £249,950 | £118,493 | £368,443 |
The Postcode Pricing Model uses changes in average sales price within the WA3 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 | 29.637 % | £74,077 | £324,027 |
| 3 Month Average | 53.607 % | £133,991 | £383,941 |
| 6 Month Average | 53.497 % | £133,715 | £383,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £125,000 | £125,000 | 50 STONEACRE CLOSE |
| 8 Sep 2023 | £344,353 | £339,950 | 16 HEATH HOUSE CLOSE |
| 21 Mar 2023 | £5,219,171 | £5,170,000 | UNIT 12 YEW TREE WAY |
| 15 Nov 2022 | £237,128 | £240,000 | 49 STONEACRE CLOSE |
| 14 Jul 2022 | £161,936 | £161,500 | 3 NOOK LANE |