£191,162
This estimated value is based upon the latest sale price for the house of £190,000 on 21 Aug 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £190,000 | 21 Aug 2023 |
| £120,000 | 13 Feb 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 August 2023 the House Price Index for GREATER MANCHESTER was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £190,000 results in an estimated price of approximately £191,162.
| 21 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.1 | 148.0 | 0.612 % | £190,000 | £1,162 | £191,162 |
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 | 26.588 % | £50,516 | £240,516 |
| 3 Month Average | 2.156 % | £4,096 | £194,096 |
| 6 Month Average | 4.344 % | £8,253 | £198,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £200,678 | £200,000 | 81 ANDOVER CRESCENT |
| 22 Dec 2023 | £2,232 | £2,190 | 33 ANDOVER CRESCENT |
| 20 Nov 2023 | £192,420 | £189,950 | 14 BRAEMORE CLOSE |
| 21 Aug 2023 | £191,162 | £190,000 | 23 COLERNE WAY |
| 1 Aug 2023 | £2,203 | £2,190 | 29 ANDOVER CRESCENT |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 27 Oct 2015. Using an estimated price of £191,162 means this house is valued at £2,770 per sq meter (£257 per sq foot).
The average size of a house on COLERNE WAY is 92 sq meters (996 sq feet).