£189,390
This estimated value is based upon the latest sale price for the house of £135,000 on 19 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £135,000 | 19 Nov 2015 |
| £79,250 | 14 Nov 2003 |
| £66,950 | 6 Dec 2002 |
| Terraced |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 November 2015 the House Price Index for GREATER MANCHESTER was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £135,000 results in an estimated price of approximately £189,390.
| 19 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £135,000 | £54,390 | £189,390 |
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 | 71.001 % | £95,851 | £230,851 |
| 3 Month Average | 49.054 % | £66,223 | £201,223 |
| 6 Month Average | 59.483 % | £80,302 | £215,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 May 2024 | £135,000 | £135,000 | 716 LEIGH ROAD |
| 15 Nov 2023 | £112,865 | £110,000 | 153 OXFORD STREET |
| 25 Oct 2023 | £117,673 | £115,000 | 169 OXFORD STREET |
| 7 Mar 2023 | £122,038 | £120,000 | 9 ORCHARD LANE |
| 28 Sep 2022 | £129,913 | £130,000 | 728 LEIGH ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 28 Mar 2017. Using an estimated price of £189,391 means this house is valued at £1,690 per sq meter (£157 per sq foot).
The average size of a house on LEIGH ROAD is 94 sq meters (1,013 sq feet).