£244,932
This estimated value is based upon the latest sale price for the house of £180,000 on 23 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £180,000 | 23 Mar 2016 |
| £125,000 | 29 Jul 2002 |
| £81,500 | 13 Oct 1995 |
| Detached |
| Leasehold |
| Floor Area: 136 sq meters or 1,463 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 March 2016 the House Price Index for GREATER MANCHESTER was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £180,000 results in an estimated price of approximately £244,932.
| 23 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £180,000 | £64,932 | £244,932 |
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 | 38.757 % | £69,762 | £249,762 |
| 3 Month Average | 45.252 % | £81,454 | £261,454 |
| 6 Month Average | 45.520 % | £81,936 | £261,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £117,000 | £117,000 | 107 FIRS LANE |
| 5 Apr 2024 | £121,051 | £120,000 | 135 FIRS LANE |
| 20 Dec 2023 | £193,444 | £187,500 | 7B MALHAM CLOSE |
| 12 Oct 2023 | £332,553 | £325,000 | 20 BEAUMARIS CLOSE |
| 3 Mar 2023 | £145,937 | £143,500 | 147 FIRS LANE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 8 Oct 2015. Using an estimated price of £244,933 means this house is valued at £1,800 per sq meter (£167 per sq foot).
The average size of a house on MALHAM CLOSE is 128 sq meters (1,380 sq feet).