£161,486
This estimated value is based upon the latest sale price for the house of £158,250 on 1 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
Price Paid | Date |
---|---|
£158,250 | 1 Jun 2023 |
£35,000 | 21 Apr 1995 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 2023 the House Price Index for GREATER MANCHESTER was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £158,250 results in an estimated price of approximately £161,486.
1 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £158,250 | £3,236 | £161,486 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | 30.090 % | £47,617 | £205,867 |
3 Month Average | 23.484 % | £37,164 | £195,414 |
6 Month Average | 5.796 % | £9,172 | £167,422 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £294,525 | £290,000 | 234 WYTHENSHAWE ROAD |
11 Aug 2023 | £267,831 | £263,000 | 6 GREENHAM ROAD |
1 Jun 2023 | £161,486 | £158,250 | 15 WISBECH DRIVE |
21 Apr 2023 | £407,624 | £400,000 | 137 MOORCROFT ROAD |
24 Mar 2023 | £416,963 | £410,000 | 131 MOORCROFT ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 18 Jul 2014. Using an estimated price of £161,486 means this house is valued at £2,274 per sq meter (£211 per sq foot).
The average size of a house on WISBECH DRIVE is 98 sq meters (1,058 sq feet).