£120,980
This estimated value is based upon the latest sale price for the house of £120,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £120,000 | 9 Jun 2023 |
| £14,600 | 9 Mar 2001 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 2023 the House Price Index for GREATER MANCHESTER was 146.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.817%.Applying this 0.817% change to the original purchase price of £120,000 results in an estimated price of approximately £120,980.
| 9 Jun 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.0 | 0.817 % | £120,000 | £980 | £120,980 |
The Postcode Pricing Model uses changes in average sales price within the WN5 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 | -5.123 % | £-6,147 | £113,852 |
| 3 Month Average | 13.886 % | £16,662 | £136,662 |
| 6 Month Average | 6.072 % | £7,286 | £127,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £135,826 | £135,000 | 8 VICTOR CLOSE |
| 20 Jul 2023 | £121,146 | £120,000 | 56 LANCASTER ROAD |
| 2 Jul 2023 | £90,859 | £90,000 | 4 VULCAN ROAD |
| 9 Jun 2023 | £120,981 | £120,000 | 23 VISCOUNT ROAD |
| 10 Mar 2023 | £126,685 | £126,000 | 18 VULCAN ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 16 Jan 2014. Using an estimated price of £120,981 means this house is valued at £1,551 per sq meter (£144 per sq foot).
The average size of a house on VISCOUNT ROAD is 89 sq meters (961 sq feet).