£128,518
This estimated value is based upon the latest sale price for the house of £93,000 on 27 May 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£93,000 | 27 May 2016 |
£32,000 | 23 Oct 1995 |
Terraced |
Leasehold |
Floor Area: 77 sq meters or 828 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 May 2016 the House Price Index for GREATER MANCHESTER was 74.1.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 38.192%.Applying this 38.192% change to the original purchase price of £93,000 results in an estimated price of approximately £128,518.
27 May 2016 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
74.1 | 102.4 | 38.192 % | £93,000 | £35,518 | £128,518 |
The Postcode Pricing Model uses changes in average sales price within the WN5 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 | 62.700 % | £58,311 | £151,311 |
3 Month Average | 39.249 % | £36,501 | £129,501 |
6 Month Average | 39.713 % | £36,933 | £129,933 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jan 2025 | £91,447 | £91,000 | 81 ALBERT STREET |
18 Oct 2024 | £104,032 | £102,000 | 8 ALKER STREET |
4 Oct 2024 | £121,882 | £119,501 | 193 ORMSKIRK ROAD |
6 Aug 2024 | £108,060 | £105,000 | 182 ORMSKIRK ROAD |
31 May 2024 | £137,846 | £133,000 | 159 ORMSKIRK ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 4 Sep 2013. Using an estimated price of £128,518 means this house is valued at £1,669 per sq meter (£155 per sq foot).
The average size of a house on ALBERT STREET is 78 sq meters (850 sq feet).