£89,991
This estimated value is based upon the latest sale price for the house of £74,500 on 27 Aug 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £74,500 | 27 Aug 2020 |
| Terraced |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 2020 the House Price Index for GREATER MANCHESTER was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £74,500 results in an estimated price of approximately £89,991.
| 27 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £74,500 | £15,491 | £89,991 |
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 | 27.586 % | £20,551 | £95,051 |
| 3 Month Average | 33.614 % | £25,042 | £99,542 |
| 6 Month Average | 26.758 % | £19,935 | £94,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jul 2024 | £168,000 | £168,000 | 18 PENNINE GROVE |
| 3 May 2024 | £169,500 | £169,500 | 3 SHADWELL GROVE |
| 11 Mar 2024 | £142,179 | £139,995 | 257 NEL PAN LANE |
| 4 Dec 2023 | £144,438 | £140,000 | 18 ALPINE DRIVE |
| 28 Sep 2023 | £155,425 | £151,999 | 3 ASHBY GROVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 8 Mar 2018. Using an estimated price of £89,992 means this house is valued at £1,343 per sq meter (£124 per sq foot).
The average size of a house on ALPINE DRIVE is 74 sq meters (803 sq feet).