£241,538
This estimated value is based upon the latest sale price for the house of £139,950 on 1 Apr 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£139,950 | 1 Apr 2011 |
Detached |
Freehold |
Floor Area: 90 sq meters or 971 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 April 2011 the House Price Index for GREATER MANCHESTER was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £139,950 results in an estimated price of approximately £241,538.
1 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 149.7 | 72.589 % | £139,950 | £101,588 | £241,538 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 84.679 % | £118,508 | £258,458 |
3 Month Average | 80.327 % | £112,417 | £252,367 |
6 Month Average | 95.947 % | £134,278 | £274,228 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £111,716 | £110,000 | 51 WILFRED STREET |
14 Dec 2023 | £128,963 | £125,000 | 67 WINNIE STREET |
27 Oct 2023 | £143,254 | £140,000 | 58 WILFRED STREET |
13 Sep 2023 | £109,412 | £107,000 | 50 WINNIE STREET |
16 Jun 2023 | £95,922 | £94,000 | 38 WILFRED STREET |
This house has a floor area of 90 sq meters or 971 sq feet when measured on 22 Jun 2011. Using an estimated price of £241,538 means this house is valued at £2,675 per sq meter (£248 per sq foot).
The average size of a house on WILFRED STREET is 77 sq meters (836 sq feet).