£140,508
This estimated value is based upon the latest sale price for the house of £115,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £115,000 | 6 Dec 2019 |
| £52,500 | 13 Dec 2005 |
| £21,800 | 25 Jul 2002 |
| £13,000 | 22 Jul 2002 |
| £11,000 | 15 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 December 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £115,000 results in an estimated price of approximately £140,508.
| 6 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £115,000 | £25,508 | £140,508 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 18.808 % | £21,629 | £136,629 |
| 3 Month Average | 23.770 % | £27,335 | £142,335 |
| 6 Month Average | 13.851 % | £15,929 | £130,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £127,932 | £127,500 | 18 CHEDDAR STREET |
| 20 Nov 2023 | £118,015 | £116,500 | 142 - 144 CHAPMAN STREET |
| 7 Feb 2023 | £174,176 | £175,000 | 160 CHAPMAN STREET |
| 3 Feb 2023 | £186,617 | £187,500 | 12 CHEDDAR STREET |
| 5 Oct 2022 | £88,682 | £90,000 | 11 HIGHMEAD STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 21 Jul 2018. Using an estimated price of £140,508 means this house is valued at £1,848 per sq meter (£171 per sq foot).
The average size of a house on WISTARIA ROAD is 85 sq meters (921 sq feet).