£118,240
This estimated value is based upon the latest sale price for the house of £95,000 on 24 Jun 2019. 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 Jun 2019 |
| £85,500 | 16 Jun 2017 |
| £85,000 | 29 Aug 2014 |
| £80,000 | 1 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £95,000 results in an estimated price of approximately £118,240.
| 24 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £95,000 | £23,240 | £118,240 |
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 | 70.198 % | £66,687 | £161,687 |
| 3 Month Average | 43.846 % | £41,653 | £136,653 |
| 6 Month Average | 50.631 % | £48,099 | £143,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £169,297 | £165,000 | 399 WESTLEIGH LANE |
| 22 Sep 2023 | £224,959 | £220,000 | 15 HARBERN DRIVE |
| 13 Jan 2023 | £75,201 | £75,000 | 28A ABBEY LANE |
| 25 May 2022 | £244,366 | £238,000 | 344 WESTLEIGH LANE |
| 23 May 2022 | £137,071 | £133,500 | 308 WESTLEIGH LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 17 Sep 2013. Using an estimated price of £118,240 means this house is valued at £1,535 per sq meter (£142 per sq foot).
The average size of a house on WESTLEIGH LANE is 93 sq meters (1,010 sq feet).