£125,805
This estimated value is based upon the latest sale price for the house of £80,000 on 12 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 |
|---|---|
| £80,000 | 12 Sep 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 404 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 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £80,000 results in an estimated price of approximately £125,805.
| 12 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £80,000 | £45,805 | £125,805 |
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 | 26.080 % | £20,863 | £100,863 |
| 3 Month Average | 33.992 % | £27,193 | £107,193 |
| 6 Month Average | 22.398 % | £17,918 | £97,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £109,487 | £107,000 | 14 BRADSHAIGH HOUSE WIGAN LANE |
| 30 Aug 2023 | £118,809 | £116,666 | 22 - 24 WIGAN LANE |
| 30 Aug 2023 | £59,404 | £58,333 | 24 WIGAN LANE |
| 6 Jul 2022 | £101,012 | £100,000 | 10 ACTON STREET |
| 25 Apr 2022 | £145,239 | £140,000 | 1 LANSDOWNE TERRACE |
This house has a floor area of 37 sq meters or 404 sq feet when measured on 14 Jun 2011. Using an estimated price of £125,806 means this house is valued at £3,345 per sq meter (£310 per sq foot).
The average size of a house on MABS CROSS COURT is 64 sq meters (689 sq feet).