£92,367
This estimated value is based upon the latest sale price for the house of £77,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £77,000 | 6 Mar 2020 |
| £65,000 | 14 Aug 2018 |
| £92,500 | 11 Apr 2008 |
| £58,000 | 24 Sep 2004 |
| £35,750 | 9 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2020 the House Price Index for GREATER MANCHESTER was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £77,000 results in an estimated price of approximately £92,367.
| 6 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £77,000 | £15,367 | £92,367 |
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 | 31.839 % | £24,515 | £101,515 |
| 3 Month Average | 56.581 % | £43,567 | £120,567 |
| 6 Month Average | 22.227 % | £17,115 | £94,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £142,983 | £142,500 | 2 SMITH AVENUE |
| 20 Dec 2023 | £73,898 | £72,500 | 31 BEVERLEY ROAD |
| 6 Dec 2023 | £71,350 | £70,000 | 105 CITY ROAD |
| 12 Apr 2023 | £90,674 | £90,000 | 169 CITY ROAD |
| 23 Mar 2023 | £160,870 | £160,000 | 13 ORRELL HALL CLOSE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 11 Jun 2013. Using an estimated price of £92,367 means this house is valued at £923 per sq meter (£85 per sq foot).
The average size of a house on CITY ROAD is 84 sq meters (904 sq feet).