£106,265
This estimated value is based upon the latest sale price for the house of £103,000 on 1 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 |
---|---|
£103,000 | 1 Dec 2023 |
£75,000 | 15 Dec 2017 |
£60,000 | 19 Sep 2016 |
£55,000 | 21 Mar 2003 |
£26,050 | 18 Sep 2000 |
£30,000 | 20 Feb 1998 |
£12,000 | 16 Jul 1997 |
Terraced |
Leasehold |
Floor Area: 77 sq meters or 828 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 £103,000 results in an estimated price of approximately £106,265.
1 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £103,000 | £3,265 | £106,265 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 48.400 % | £49,852 | £152,852 |
3 Month Average | -2.692 % | £-2,772 | £100,227 |
6 Month Average | 10.268 % | £10,576 | £113,576 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £126,095 | £125,000 | 4 DALE STREET |
28 Mar 2024 | £167,575 | £165,000 | 7 LUNE GROVE |
6 Dec 2023 | £123,804 | £120,000 | 1A FELL STREET |
1 Dec 2023 | £106,265 | £103,000 | 211 FIRS LANE |
1 Dec 2023 | £73,251 | £71,000 | 195 FIRS LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 27 Sep 2019. Using an estimated price of £106,265 means this house is valued at £1,380 per sq meter (£128 per sq foot).
The average size of a house on FIRS LANE is 88 sq meters (949 sq feet).