£110,307
This estimated value is based upon the latest sale price for the house of £96,500 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £96,500 | 18 Dec 2020 |
| £85,000 | 26 Apr 2013 |
| £87,000 | 2 Oct 2007 |
| £76,000 | 2 Mar 2006 |
| £47,000 | 3 Jun 2003 |
| £30,500 | 14 Jul 2000 |
| Terraced |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 December 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £96,500 results in an estimated price of approximately £110,307.
| 18 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £96,500 | £13,807 | £110,307 |
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 | 16.191 % | £15,624 | £112,124 |
| 3 Month Average | 47.127 % | £45,477 | £141,977 |
| 6 Month Average | 17.289 % | £16,684 | £113,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £236,983 | £232,500 | 675 ORMSKIRK ROAD |
| 28 Jul 2023 | £252,387 | £250,000 | 701 ORMSKIRK ROAD |
| 22 Jun 2023 | £50,409 | £50,000 | UNIT 2 MAJOR STREET |
| 1 Nov 2022 | £87,088 | £88,500 | 18 RICHMOND HILL |
| 12 Aug 2022 | £144,027 | £145,000 | 24 HEADEN AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 12 Nov 2012. Using an estimated price of £110,307 means this house is valued at £1,451 per sq meter (£134 per sq foot).
The average size of a house on SHORT STREET is 80 sq meters (868 sq feet).
This house is the largest in the street with a floor area of 76 sq meters (818 sq feet).