£103,170
This estimated value is based upon the latest sale price for the house of £100,000 on 11 Dec 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £100,000 | 11 Dec 2023 |
| £55,000 | 16 Jul 2015 |
| £84,000 | 5 Apr 2007 |
| £29,000 | 19 Jan 2004 |
| Terraced |
| Freehold |
| 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 December 2023 the House Price Index for GREATER MANCHESTER was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £100,000 results in an estimated price of approximately £103,170.
| 11 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £100,000 | £3,170 | £103,170 |
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 | 162.105 % | £162,104 | £262,104 |
| 3 Month Average | 35.930 % | £35,929 | £135,929 |
| 6 Month Average | 43.436 % | £43,435 | £143,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £144,253 | £143,000 | 51 FISHER CLOSE |
| 11 Dec 2023 | £103,170 | £100,000 | 21 PRESTT GROVE |
| 30 Nov 2023 | £62,589 | £61,000 | 10 WINSTANLEY STREET |
| 14 Apr 2023 | £81,525 | £80,000 | 38 CHEETHAM GROVE |
| 15 Mar 2023 | £96,613 | £95,000 | 66 HORNE GROVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 26 May 2015. Using an estimated price of £103,170 means this house is valued at £1,159 per sq meter (£107 per sq foot).
The average size of a house on PRESTT GROVE is 93 sq meters (1,007 sq feet).