£117,907
This estimated value is based upon the latest sale price for the house of £92,000 on 3 May 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £92,000 | 3 May 2017 |
| £95,250 | 15 Jan 2016 |
| £95,250 | 6 Nov 2006 |
| £82,000 | 8 Nov 2004 |
| £25,400 | 5 Oct 2001 |
| Leasehold |
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 May 2017 the House Price Index for GREATER MANCHESTER was 115.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 28.161%.Applying this 28.161% change to the original purchase price of £92,000 results in an estimated price of approximately £117,907.
| 3 May 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.0 | 28.161 % | £92,000 | £25,907 | £117,907 |
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 | 31.065 % | £28,579 | £120,579 |
| 3 Month Average | 68.142 % | £62,690 | £154,690 |
| 6 Month Average | 24.264 % | £22,323 | £114,323 |
| 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 |