£228,036
This estimated value is based upon the latest sale price for the house of £169,995 on 1 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£169,995 | 1 Jul 2016 |
Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 July 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £169,995 results in an estimated price of approximately £228,036.
1 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £169,995 | £58,041 | £228,036 |
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 | 54.616 % | £92,844 | £262,839 |
3 Month Average | 26.829 % | £45,607 | £215,602 |
6 Month Average | 26.884 % | £45,701 | £215,696 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £62,589 | £61,000 | 10 WINSTANLEY STREET |
30 Jan 2023 | £166,946 | £166,500 | 30 WINSTANLEY STREET |
5 Aug 2022 | £142,667 | £142,000 | 40 WINSTANLEY STREET |
31 May 2022 | £148,879 | £145,000 | 26 WINSTANLEY STREET |
27 May 2022 | £118,076 | £115,000 | 29 WESTMINSTER STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 17 Jun 2016. Using an estimated price of £228,037 means this house is valued at £2,350 per sq meter (£218 per sq foot).
The average size of a house on WINSTANLEY STREET is 74 sq meters (805 sq feet).