£995,556
This estimated value is based upon the latest sale price for the house of £545,000 on 15 Sep 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £545,000 | 15 Sep 2005 |
| £320,000 | 26 Apr 2002 |
| £270,000 | 20 Apr 2000 |
| £125,000 | 5 Feb 2000 |
| Semi-Detached |
| Freehold |
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 September 2005 the House Price Index for GREATER MANCHESTER was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £545,000 results in an estimated price of approximately £995,556.
| 15 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 148.6 | 82.671 % | £545,000 | £450,556 | £995,556 |
The Postcode Pricing Model uses changes in average sales price within the WA15 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 | 91.678 % | £499,646 | £1,044,646 |
| 3 Month Average | 38.972 % | £212,396 | £757,396 |
| 6 Month Average | 90.093 % | £491,004 | £1,036,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £810,361 | £800,000 | 2 ARTHOG DRIVE |
| 18 Aug 2023 | £644,236 | £638,600 | 45 PARK ROAD |
| 21 Apr 2023 | £348,755 | £345,000 | 46 TOLLAND LANE |
| 24 Feb 2023 | £479,677 | £480,000 | 53 PARK ROAD |
| 24 Feb 2023 | £826,944 | £827,500 | 9 ARTHOG ROAD |