£121,902
This estimated value is based upon the latest sale price for the house of £106,500 on 12 Jul 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £106,500 | 12 Jul 2021 |
| £107,000 | 8 Dec 2016 |
| £75,000 | 2 Jun 2006 |
| £25,500 | 12 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2021 the House Price Index for GREATER MANCHESTER was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £106,500 results in an estimated price of approximately £121,902.
| 12 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £106,500 | £15,402 | £121,902 |
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 | 24.581 % | £26,179 | £132,679 |
| 3 Month Average | 28.994 % | £30,878 | £137,378 |
| 6 Month Average | 11.853 % | £12,622 | £119,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £133,717 | £132,000 | 6 ELM AVENUE |
| 17 Nov 2023 | £131,691 | £130,000 | 9 ELM AVENUE |
| 3 Nov 2023 | £125,613 | £124,000 | 1 BULTEEL STREET |
| 7 Aug 2023 | £121,740 | £121,000 | 46 BULTEEL STREET |
| 31 Jul 2023 | £166,576 | £165,000 | 2 PORTLAND STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 1 Jun 2021. Using an estimated price of £121,903 means this house is valued at £1,693 per sq meter (£157 per sq foot).
The average size of a house on HAWTHORN AVENUE is 102 sq meters (1,101 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).