£181,763
This estimated value is based upon the latest sale price for the house of £99,000 on 19 Oct 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £99,000 | 19 Oct 2005 |
| £98,950 | 24 Jun 2005 |
| £45,000 | 26 Oct 2001 |
| £48,000 | 5 Oct 2001 |
| £45,000 | 29 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 50 sq meters or 538 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 October 2005 the House Price Index for GREATER MANCHESTER was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £99,000 results in an estimated price of approximately £181,763.
| 19 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £99,000 | £82,763 | £181,763 |
The Postcode Pricing Model uses changes in average sales price within the WN1 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 | 66.028 % | £65,367 | £164,367 |
| 3 Month Average | 57.834 % | £57,255 | £156,255 |
| 6 Month Average | 34.485 % | £34,140 | £133,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £287,293 | £280,000 | 201 PLATT LANE |
| 29 Sep 2023 | £164,629 | £161,000 | 186 PLATT LANE |
| 8 Aug 2022 | £190,893 | £190,000 | 163 PLATT LANE |
| 8 Aug 2022 | £125,587 | £125,000 | 182 PLATT LANE |
| 25 Feb 2022 | £285,243 | £270,000 | 14 LYEFIELD AVENUE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 1 Jul 2009. Using an estimated price of £181,764 means this house is valued at £3,633 per sq meter (£337 per sq foot).
The average size of a house on PLATT LANE is 72 sq meters (783 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).