£120,527
This estimated value is based upon the latest sale price for the house of £70,000 on 2 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £70,000 | 2 Mar 2012 |
| £35,000 | 6 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 March 2012 the House Price Index for GREATER MANCHESTER was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £70,000 results in an estimated price of approximately £120,527.
| 2 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £70,000 | £50,527 | £120,527 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 51.313 % | £35,918 | £105,918 |
| 3 Month Average | 66.485 % | £46,539 | £116,539 |
| 6 Month Average | 59.929 % | £41,950 | £111,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £189,818 | £185,000 | 25 LYTHAM DRIVE |
| 20 Jul 2022 | £86,870 | £86,000 | FLAT 1 ERMINGTON COURT EGERTON STREET |
| 29 Apr 2022 | £124,491 | £120,000 | 136 EGERTON STREET |
| 18 Feb 2022 | £137,339 | £130,000 | 5 LYTHAM DRIVE |
| 5 Nov 2021 | £117,668 | £108,000 | 71 COOMASSIE STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 27 Mar 2014. Using an estimated price of £120,527 means this house is valued at £2,008 per sq meter (£186 per sq foot).
The average size of a house on WOLSEY STREET is 84 sq meters (909 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).