£3,073
This estimated value is based upon the latest sale price for the house of £2,530 on 15 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £2,530 | 15 Jan 2020 |
| £99,000 | 23 May 2018 |
| £45,950 | 21 Nov 1997 |
| Freehold |
| Floor Area: 58 sq meters or 624 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 January 2020 the House Price Index for GREATER MANCHESTER was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £2,530 results in an estimated price of approximately £3,073.
| 15 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £2,530 | £543 | £3,073 |
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 | 118.498 % | £2,997 | £5,527 |
| 3 Month Average | 66.781 % | £1,689 | £4,219 |
| 6 Month Average | 30.259 % | £765 | £3,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jan 2023 | £183,389 | £185,000 | 11 ASHINGTON CLOSE |
| 11 Jul 2022 | £199,730 | £200,000 | 30 BUCKLAND DRIVE |
| 22 Apr 2022 | £1,107,692 | £1,080,000 | 1 AMBER COURT |
| 16 Sep 2021 | £190,500 | £177,500 | 16 CLAYBRIDGE CLOSE |
| 27 May 2021 | £163,194 | £145,000 | 22 ELVINGTON CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 4 Jan 2016. Using an estimated price of £3,073 means this house is valued at £52 per sq meter (£4 per sq foot).
The average size of a house on ELVINGTON CLOSE is 73 sq meters (795 sq feet).