£101,957
This estimated value is based upon the latest sale price for the house of £95,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £95,000 | 24 Sep 2021 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 September 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £95,000 results in an estimated price of approximately £101,957.
| 24 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £95,000 | £6,957 | £101,957 |
The Postcode Pricing Model uses changes in average sales price within the WN1 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 | -15.935 % | £-15,138 | £79,861 |
| 3 Month Average | -5.757 % | £-5,469 | £89,530 |
| 6 Month Average | 1.444 % | £1,371 | £96,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £95,907 | £95,000 | 10 LORNE STREET |
| 20 Apr 2023 | £151,123 | £150,000 | 7 ISABELLA SQUARE |
| 23 Mar 2023 | £100,543 | £100,000 | 3 WINDERMERE STREET |
| 9 Mar 2023 | £100,543 | £100,000 | 93 ISABELLA SQUARE |
| 20 Feb 2023 | £74,647 | £75,000 | 10 ESSEX STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 9 Aug 2021. Using an estimated price of £101,958 means this house is valued at £1,145 per sq meter (£106 per sq foot).
The average size of a house on GOLBORNE PLACE is 135 sq meters (1,458 sq feet).