£157,018
This estimated value is based upon the latest sale price for the house of £100,995 on 28 Sep 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £100,995 | 28 Sep 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 September 2007 the House Price Index for GREATER MANCHESTER was 95.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 55.471%.Applying this 55.471% change to the original purchase price of £100,995 results in an estimated price of approximately £157,018.
| 28 Sep 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.0 | 55.471 % | £100,995 | £56,023 | £157,018 |
The Postcode Pricing Model uses changes in average sales price within the WN6 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 | 88.843 % | £89,726 | £190,721 |
| 3 Month Average | 67.495 % | £68,166 | £169,161 |
| 6 Month Average | 42.430 % | £42,852 | £143,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £266,621 | £265,000 | 8 MEADOWGATE |
| 31 Mar 2023 | £137,745 | £137,000 | 298A WOODHOUSE LANE |
| 9 Feb 2023 | £149,294 | £150,000 | 68 BEECH HILL LANE |
| 5 Oct 2022 | £108,389 | £110,000 | APARTMENT 19 1 MEADOWGATE |
| 30 Jun 2022 | £202,043 | £199,995 | 8 VALLEY CLOSE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 22 Sep 2021. Using an estimated price of £157,018 means this house is valued at £3,925 per sq meter (£364 per sq foot).
The average size of a house on MEADOWGATE is 59 sq meters (638 sq feet).