£96,819
This estimated value is based upon the latest sale price for the house of £75,000 on 3 Mar 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £75,000 | 3 Mar 2017 |
| £82,000 | 28 Oct 2016 |
| £57,000 | 21 Jun 2007 |
| Terraced |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 March 2017 the House Price Index for GREATER MANCHESTER was 114.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 29.093%.Applying this 29.093% change to the original purchase price of £75,000 results in an estimated price of approximately £96,819.
| 3 Mar 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.0 | 29.093 % | £75,000 | £21,819 | £96,819 |
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 | 66.386 % | £49,789 | £124,789 |
| 3 Month Average | 66.297 % | £49,722 | £124,722 |
| 6 Month Average | 27.114 % | £20,335 | £95,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £75,562 | £75,000 | 8 ST MARKS AVENUE |
| 31 Mar 2023 | £136,739 | £136,000 | 28 ST MARKS AVENUE |
| 29 Nov 2022 | £113,165 | £115,000 | 185 SCOT LANE |
| 23 Feb 2022 | £149,880 | £143,500 | 24 MORE STREET |
| 17 Dec 2021 | £179,265 | £168,000 | 6 LAURUS MEWS |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 12 Aug 2016. Using an estimated price of £96,819 means this house is valued at £1,087 per sq meter (£101 per sq foot).
The average size of a house on SCOT LANE is 85 sq meters (917 sq feet).