£175,872
This estimated value is based upon the latest sale price for the house of £97,462 on 14 Nov 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£97,462 | 14 Nov 2008 |
Terraced |
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 November 2008 the House Price Index for GREATER MANCHESTER was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.452%.Applying this 80.452% change to the original purchase price of £97,462 results in an estimated price of approximately £175,872.
14 Nov 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.0 | 149.7 | 80.452 % | £97,462 | £78,410 | £175,872 |
The Postcode Pricing Model uses changes in average sales price within the WA3 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 | 115.292 % | £112,366 | £209,828 |
3 Month Average | 76.598 % | £74,654 | £172,116 |
6 Month Average | 43.700 % | £42,591 | £140,053 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £133,021 | £130,000 | 58 ELM AVENUE |
13 Oct 2023 | £71,627 | £70,000 | 10 JUBILEE COURT |
11 Sep 2023 | £80,781 | £79,000 | 1E GRIMSHAW STREET |
20 Jun 2023 | £117,352 | £115,000 | 62 ELM AVENUE |
24 Feb 2023 | £120,807 | £120,000 | 31A SYCAMORE AVENUE |