£239,201
This estimated value is based upon the latest sale price for the house of £139,995 on 1 Jun 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£139,995 | 1 Jun 2012 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 2012 the House Price Index for GREATER MANCHESTER was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £139,995 results in an estimated price of approximately £239,201.
1 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.865 % | £139,995 | £99,206 | £239,201 |
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 | 50.476 % | £70,663 | £210,658 |
3 Month Average | 34.982 % | £48,973 | £188,968 |
6 Month Average | 35.975 % | £50,362 | £190,357 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £234,703 | £230,000 | 1 SEXTON CLOSE |
28 Apr 2023 | £336,290 | £330,000 | 1 SATCHEL CLOSE |
26 Apr 2023 | £101,906 | £100,000 | 7 WOOD STREET |
14 Apr 2023 | £220,117 | £216,000 | 54 THOMAS STREET |
31 Mar 2023 | £113,902 | £112,000 | 4 THOMAS STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 10 May 2012. Using an estimated price of £239,202 means this house is valued at £3,147 per sq meter (£292 per sq foot).
The average size of a house on THOMAS STREET is 76 sq meters (819 sq feet).