£182,749
This estimated value is based upon the latest sale price for the house of £116,500 on 17 Apr 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£116,500 | 17 Apr 2014 |
£114,995 | 12 Apr 2013 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 2014 the House Price Index for GREATER MANCHESTER was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £116,500 results in an estimated price of approximately £182,749.
17 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £116,500 | £66,249 | £182,749 |
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 | 44.630 % | £51,993 | £168,493 |
3 Month Average | 30.297 % | £35,295 | £151,795 |
6 Month Average | 31.397 % | £36,577 | £153,077 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £159,914 | £155,000 | 34 MORE STREET |
29 Sep 2023 | £199,396 | £195,000 | 4 THOMAS MORE GARDENS |
1 Sep 2023 | £132,930 | £130,000 | 76 SCOT LANE |
31 Aug 2023 | £105,401 | £103,500 | 90 SCOT LANE |
4 Aug 2023 | £264,775 | £260,000 | 12 THOMAS MORE GARDENS |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 27 Feb 2013. Using an estimated price of £182,750 means this house is valued at £2,900 per sq meter (£269 per sq foot).
The average size of a house on MORE STREET is 73 sq meters (788 sq feet).