£378,811
This estimated value is based upon the latest sale price for the house of £154,995 on 14 Mar 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£154,995 | 14 Mar 2003 |
£106,995 | 30 Nov 1999 |
Detached |
Leasehold |
Floor Area: 130 sq meters or 1,399 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 March 2003 the House Price Index for GREATER MANCHESTER was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £154,995 results in an estimated price of approximately £378,811.
14 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
61.3 | 149.7 | 144.402 % | £154,995 | £223,816 | £378,811 |
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 | 158.883 % | £246,260 | £401,255 |
3 Month Average | 187.740 % | £290,988 | £445,983 |
6 Month Average | 217.375 % | £336,920 | £491,915 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £342,978 | £340,000 | 16 WALKERS DRIVE |
24 Nov 2023 | £307,814 | £300,000 | 33 WALKERS DRIVE |
25 Sep 2023 | £107,367 | £105,000 | 11 PADIHAM CLOSE |
30 Jan 2023 | £92,246 | £92,000 | 14 PADIHAM CLOSE |
30 Jun 2022 | £148,167 | £145,000 | 4 POWNALL STREET |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 17 Dec 2013. Using an estimated price of £378,811 means this house is valued at £2,913 per sq meter (£270 per sq foot).
The average size of a house on WALKERS DRIVE is 100 sq meters (1,085 sq feet).
This house is the largest in the street with a floor area of 130 sq meters (1,399 sq feet).