£240,258
This estimated value is based upon the latest sale price for the house of £184,000 on 31 Mar 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £184,000 | 31 Mar 2017 |
| Freehold |
| Floor Area: 38 sq meters or 409 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 March 2017 the House Price Index for GREATER MANCHESTER was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £184,000 results in an estimated price of approximately £240,258.
| 31 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £184,000 | £56,258 | £240,258 |
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 | 122.976 % | £226,275 | £410,275 |
| 3 Month Average | 18.122 % | £33,344 | £217,344 |
| 6 Month Average | 10.573 % | £19,453 | £203,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £184,688 | £180,000 | 12 SPRINGFIELD STREET |
| 25 Aug 2023 | £412,439 | £405,000 | 4 MONUMENT ROAD |
| 23 Mar 2023 | £411,878 | £405,000 | BELLINGHAM COTTAGE BELLINGHAM DRIVE |
| 17 Mar 2023 | £233,906 | £230,000 | 8 SPRINGFIELD STREET |
| 19 Oct 2022 | £67,275 | £67,500 | FLAT 1 7 SPRINGFIELD STREET |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 21 Nov 2012. Using an estimated price of £240,259 means this house is valued at £6,322 per sq meter (£587 per sq foot).
The average size of a house on SPRINGFIELD STREET is 72 sq meters (775 sq feet).