£154,270
This estimated value is based upon the latest sale price for the house of £155,000 on 22 Feb 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £155,000 | 22 Feb 2023 |
| £116,000 | 25 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 February 2023 the House Price Index for GREATER MANCHESTER was 148.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.471%.Applying this -0.471% change to the original purchase price of £155,000 results in an estimated price of approximately £154,270.
| 22 Feb 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.0 | -0.471 % | £155,000 | £-729 | £154,270 |
The Postcode Pricing Model uses changes in average sales price within the WN6 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 | -19.998 % | £-30,997 | £124,002 |
| 3 Month Average | -10.745 % | £-16,654 | £138,345 |
| 6 Month Average | -0.333 % | £-515 | £154,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £142,700 | £140,000 | 120 SPRINGFIELD ROAD |
| 30 Nov 2023 | £200,575 | £198,000 | 148 SPRINGFIELD ROAD |
| 21 Jul 2023 | £199,386 | £197,500 | 53 NORFOLK STREET |
| 5 Jul 2023 | £131,241 | £130,000 | 1 NEWMAN AVENUE |
| 23 Jun 2023 | £124,005 | £123,000 | 3 MANNING AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 12 Jun 2020. Using an estimated price of £154,270 means this house is valued at £1,483 per sq meter (£137 per sq foot).
The average size of a house on NEWMAN AVENUE is 98 sq meters (1,063 sq feet).
This house is the largest in the street with a floor area of 104 sq meters (1,119 sq feet).