£171,503
This estimated value is based upon the latest sale price for the house of £42,250 on 21 Dec 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£42,250 | 21 Dec 1999 |
£45,000 | 17 Nov 1999 |
Semi-Detached |
Freehold |
Floor Area: 55 sq meters or 592 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 1999 the House Price Index for GREATER MANCHESTER was 36.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 305.926%.Applying this 305.926% change to the original purchase price of £42,250 results in an estimated price of approximately £171,503.
21 Dec 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
36.9 | 149.7 | 305.926 % | £42,250 | £129,253 | £171,503 |
The Postcode Pricing Model uses changes in average sales price within the WN3 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 | 88.597 % | £37,432 | £79,682 |
3 Month Average | 219.664 % | £92,808 | £135,058 |
6 Month Average | 259.366 % | £109,581 | £151,831 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £127,296 | £125,000 | 18 STANEDGE GROVE |
6 Jun 2023 | £137,761 | £135,000 | 7 STANEDGE GROVE |
5 Jun 2023 | £209,192 | £205,000 | 44 WHITECROFT ROAD |
12 Aug 2022 | £95,446 | £95,000 | 5 SUDBURY CLOSE |
23 May 2022 | £143,745 | £140,000 | 16 STANEDGE GROVE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 11 Nov 2013. Using an estimated price of £171,504 means this house is valued at £3,118 per sq meter (£289 per sq foot).
The average size of a house on SUDBURY CLOSE is 68 sq meters (737 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).