£90,828
This estimated value is based upon the latest sale price for the house of £53,000 on 28 Oct 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £53,000 | 28 Oct 2010 |
| Semi-Detached |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 2010 the House Price Index for GREATER MANCHESTER was 87.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.374%.Applying this 71.374% change to the original purchase price of £53,000 results in an estimated price of approximately £90,828.
| 28 Oct 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 149.7 | 71.374 % | £53,000 | £37,828 | £90,828 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 85.670 % | £45,405 | £98,405 |
| 3 Month Average | 74.886 % | £39,689 | £92,689 |
| 6 Month Average | 68.171 % | £36,130 | £89,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £122,060 | £121,000 | 26 LAXEY CRESCENT |
| 16 Nov 2023 | £975 | £950 | 39 LAXEY CRESCENT |
| 2 Oct 2023 | £127,905 | £125,000 | 35 DOUGLAS ROAD |
| 22 Sep 2023 | £122,705 | £120,000 | 27 DOUGLAS ROAD |
| 18 Apr 2023 | £72,353 | £71,000 | 61 LAXEY CRESCENT |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 8 Sep 2021. Using an estimated price of £90,828 means this house is valued at £1,316 per sq meter (£122 per sq foot).
The average size of a house on LAXEY CRESCENT is 75 sq meters (808 sq feet).