£195,402
This estimated value is based upon the latest sale price for the house of £180,000 on 10 Sep 2021. 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 | 10 Sep 2021 |
Terraced |
Leasehold |
Floor Area: 126 sq meters or 1,356 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 September 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £180,000 results in an estimated price of approximately £195,402.
10 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £180,000 | £15,402 | £195,402 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 14.401 % | £25,920 | £205,920 |
3 Month Average | 12.058 % | £21,705 | £201,705 |
6 Month Average | -5.183 % | £-9,329 | £170,670 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £335,303 | £325,000 | 147 - 155 WALSHAW ROAD |
8 Nov 2023 | £225,730 | £220,000 | 207 WALSHAW ROAD |
31 Oct 2023 | £194,416 | £190,000 | 152 WALSHAW ROAD |
25 Aug 2023 | £157,847 | £155,000 | 44 FENTON STREET |
11 Aug 2023 | £180,760 | £177,500 | 18 CORNALL STREET |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 2 Dec 2013. Using an estimated price of £195,402 means this house is valued at £1,550 per sq meter (£144 per sq foot).
The average size of a house on WALSHAW ROAD is 84 sq meters (908 sq feet).