£158,970
This estimated value is based upon the latest sale price for the house of £120,500 on 5 Oct 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,500 | 5 Oct 2016 |
| £100,000 | 24 Jul 2009 |
| Terraced |
| Leasehold |
| Floor Area: 144 sq meters or 1,550 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 October 2016 the House Price Index for GREATER MANCHESTER was 112.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £120,500 results in an estimated price of approximately £158,970.
| 5 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.0 | 31.926 % | £120,500 | £38,470 | £158,970 |
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 | -15.641 % | £-18,847 | £101,652 |
| 3 Month Average | -5.997 % | £-7,226 | £113,273 |
| 6 Month Average | -3.587 % | £-4,322 | £116,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £120,981 | £120,000 | 14 BRADSHAW STREET |
| 7 Jun 2023 | £104,346 | £103,500 | 12 NEWMAN STREET |
| 6 Apr 2023 | £50,374 | £50,000 | 150 WHELLEY |
| 22 Feb 2023 | £134,364 | £135,000 | 4 HIGHFIELD AVENUE |
| 3 Feb 2023 | £123,416 | £124,000 | 100 WHELLEY |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 18 May 2017. Using an estimated price of £158,970 means this house is valued at £1,103 per sq meter (£102 per sq foot).
The average size of a house on WHELLEY is 94 sq meters (1,019 sq feet).