£183,191
This estimated value is based upon the latest sale price for the house of £163,000 on 13 Aug 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £163,000 | 13 Aug 2021 |
| £125,000 | 21 Mar 2018 |
| £110,000 | 27 Aug 2013 |
| Semi-Detached |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 August 2021 the House Price Index for GREATER MANCHESTER was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £163,000 results in an estimated price of approximately £183,191.
| 13 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £163,000 | £20,191 | £183,191 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 56.113 % | £91,464 | £254,464 |
| 3 Month Average | 42.088 % | £68,603 | £231,603 |
| 6 Month Average | 37.485 % | £61,100 | £224,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £153,907 | £150,000 | 22 ROWENA STREET |
| 11 Nov 2022 | £169,209 | £170,000 | 14 WOOD EDGE CLOSE |
| 24 Jun 2022 | £117,512 | £115,000 | 24 ROWENA STREET |
| 19 Apr 2022 | £145,239 | £140,000 | 74 BRENTWOOD DRIVE |
| 3 Mar 2022 | £104,393 | £100,000 | 2 WOOD EDGE CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 10 Apr 2013. Using an estimated price of £183,191 means this house is valued at £2,348 per sq meter (£218 per sq foot).
The average size of a house on WOOD EDGE CLOSE is 84 sq meters (904 sq feet).