£156,643
This estimated value is based upon the latest sale price for the house of £125,000 on 1 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £125,000 | 1 Jun 2018 |
| £110,000 | 31 Mar 2017 |
| £84,950 | 28 Nov 2006 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 980 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 June 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £125,000 results in an estimated price of approximately £156,643.
| 1 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £125,000 | £31,643 | £156,643 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 21.862 % | £27,327 | £152,327 |
| 3 Month Average | 47.655 % | £59,568 | £184,568 |
| 6 Month Average | 42.525 % | £53,156 | £178,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £134,070 | £129,950 | 11 TANNERS FOLD |
| 22 Sep 2023 | £163,607 | £160,000 | 31 TANNERS FOLD |
| 1 Sep 2023 | £138,043 | £135,000 | 12 HOUGH CLOSE |
| 6 Apr 2023 | £162,031 | £159,000 | 84 FIR TREE AVENUE |
| 11 Nov 2022 | £146,316 | £147,000 | 133 FIR TREE AVENUE |
This house has a floor area of 91 sq meters or 980 sq feet when measured on 23 Oct 2008. Using an estimated price of £156,644 means this house is valued at £1,719 per sq meter (£159 per sq foot).
The average size of a house on WILDBROOK CRESCENT is 91 sq meters (983 sq feet).