£168,792
This estimated value is based upon the latest sale price for the house of £128,725 on 2 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£128,725 | 2 Dec 2016 |
Semi-Detached |
Leasehold |
Floor Area: 99 sq meters or 1,065 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 2016 the House Price Index for GREATER MANCHESTER was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £128,725 results in an estimated price of approximately £168,792.
2 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £128,725 | £40,067 | £168,792 |
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 | 113.939 % | £146,667 | £275,392 |
3 Month Average | 66.998 % | £86,242 | £214,967 |
6 Month Average | 17.697 % | £22,780 | £151,505 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jan 2023 | £184,133 | £185,000 | 11 ASHINGTON CLOSE |
25 Mar 2022 | £174,092 | £168,000 | 9 DENTON GROVE |
18 Feb 2022 | £108,016 | £103,000 | 280 CITY ROAD |
20 Dec 2021 | £124,280 | £116,000 | 132 KITT GREEN ROAD |
16 Sep 2021 | £191,273 | £177,500 | 16 CLAYBRIDGE CLOSE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 10 Apr 2016. Using an estimated price of £168,793 means this house is valued at £1,704 per sq meter (£158 per sq foot).
The average size of a house on CITY ROAD is 84 sq meters (904 sq feet).