£515,003
This estimated value is based upon the latest sale price for the house of £480,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£480,000 | 30 Jun 2021 |
£307,500 | 5 Dec 2014 |
£87,000 | 20 Oct 1995 |
£89,950 | 31 Jul 1995 |
Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 June 2021 the House Price Index for GREATER MANCHESTER was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £480,000 results in an estimated price of approximately £515,003.
30 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £480,000 | £35,003 | £515,003 |
The Postcode Pricing Model uses changes in average sales price within the WA14 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 | -22.547 % | £-108,225 | £371,774 |
3 Month Average | -29.191 % | £-140,117 | £339,882 |
6 Month Average | -9.730 % | £-46,705 | £433,294 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £528,907 | £522,500 | 5 AYSHFORD CLOSE |
19 Jun 2023 | £718,706 | £710,000 | 17 SEAMONS ROAD |
10 Feb 2023 | £434,707 | £435,000 | 8 BICKERTON ROAD |
25 Nov 2022 | £469,315 | £475,000 | 290 OLDFIELD ROAD |
6 Jun 2022 | £573,099 | £565,000 | 88 SEAMONS ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 11 Oct 2014. Using an estimated price of £515,004 means this house is valued at £5,852 per sq meter (£543 per sq foot).
The average size of a house on BICKERTON ROAD is 98 sq meters (1,064 sq feet).