£138,310
This estimated value is based upon the latest sale price for the house of £107,000 on 12 Apr 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £107,000 | 12 Apr 2017 |
| £36,750 | 30 Jan 2001 |
| Terraced |
| Leasehold |
| Floor Area: 113 sq meters or 1,216 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 April 2017 the House Price Index for GREATER MANCHESTER was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £107,000 results in an estimated price of approximately £138,310.
| 12 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £107,000 | £31,310 | £138,310 |
The Postcode Pricing Model uses changes in average sales price within the WN5 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 | 156.994 % | £167,983 | £274,983 |
| 3 Month Average | 75.162 % | £80,422 | £187,422 |
| 6 Month Average | 24.320 % | £26,022 | £133,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £153,969 | £152,000 | 4 ARGYLL STREET |
| 1 Aug 2023 | £176,544 | £175,000 | 1 REEDSMERE CLOSE |
| 14 Jul 2023 | £212,865 | £210,000 | 17 ALKER STREET |
| 21 Apr 2023 | £141,524 | £140,000 | 7 MANOR STREET |
| 14 Apr 2023 | £106,143 | £105,000 | 1 ARGYLL STREET |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 25 May 2016. Using an estimated price of £138,311 means this house is valued at £1,223 per sq meter (£113 per sq foot).
The average size of a house on VICTORIA STREET is 90 sq meters (975 sq feet).