£207,895
This estimated value is based upon the latest sale price for the house of £155,000 on 31 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £155,000 | 31 Aug 2016 |
| £43,950 | 31 Jul 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 August 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £155,000 results in an estimated price of approximately £207,895.
| 31 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £155,000 | £52,895 | £207,895 |
The Postcode Pricing Model uses changes in average sales price within the WN3 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 | 210.679 % | £326,552 | £481,552 |
| 3 Month Average | 56.730 % | £87,931 | £242,931 |
| 6 Month Average | 48.977 % | £75,914 | £230,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2023 | £290,828 | £285,000 | 46 COLBY ROAD |
| 6 Jun 2023 | £137,761 | £135,000 | 7 STANEDGE GROVE |
| 5 Jun 2023 | £209,192 | £205,000 | 44 WHITECROFT ROAD |
| 9 Jan 2023 | £190,509 | £190,000 | 40 COLBY ROAD |
| 20 Jun 2022 | £178,823 | £175,000 | 3 BLEAKLOW CLOSE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 17 May 2016. Using an estimated price of £207,896 means this house is valued at £2,099 per sq meter (£195 per sq foot).
The average size of a house on WOODHEAD GROVE is 98 sq meters (1,057 sq feet).