£555,397
This estimated value is based upon the latest sale price for the house of £481,000 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £481,000 | 6 Nov 2020 |
| 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 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £481,000 results in an estimated price of approximately £555,397.
| 6 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £481,000 | £74,397 | £555,397 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 52.687 % | £253,422 | £734,422 |
| 3 Month Average | 5.136 % | £24,706 | £505,706 |
| 6 Month Average | 10.275 % | £49,423 | £530,423 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £126,194 | £125,000 | 26 HULME ROAD |
| 30 Jun 2023 | £161,308 | £160,000 | 9 MAY AVENUE |
| 5 Jun 2023 | £191,553 | £190,000 | 23 ANGUS AVENUE |
| 6 Apr 2023 | £181,348 | £180,000 | 27 HILDA STREET |
| 21 Oct 2022 | £86,711 | £88,000 | 171 WIGAN ROAD |