£86,218
This estimated value is based upon the latest sale price for the house of £85,000 on 1 Jun 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £85,000 | 1 Jun 2022 |
| £66,500 | 18 Aug 2014 |
| £38,950 | 18 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2022 the House Price Index for GREATER MANCHESTER was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £85,000 results in an estimated price of approximately £86,218.
| 1 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £85,000 | £1,218 | £86,218 |
The Postcode Pricing Model uses changes in average sales price within the WN3 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 | 15.175 % | £12,898 | £97,898 |
| 3 Month Average | 4.058 % | £3,449 | £88,449 |
| 6 Month Average | -2.752 % | £-2,339 | £82,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £118,273 | £117,000 | 264 WARRINGTON ROAD |
| 28 Apr 2023 | £50,544 | £50,000 | 196 WARRINGTON ROAD |
| 14 Apr 2023 | £143,546 | £142,000 | 318 WARRINGTON ROAD |
| 14 Apr 2023 | £80,871 | £80,000 | 38 CHEETHAM GROVE |
| 18 Nov 2022 | £108,684 | £110,000 | 300 WARRINGTON ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 5 Feb 2015. Using an estimated price of £86,218 means this house is valued at £927 per sq meter (£86 per sq foot).
The average size of a house on WARRINGTON ROAD is 90 sq meters (976 sq feet).