£126,808
This estimated value is based upon the latest sale price for the house of £103,000 on 24 May 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £103,000 | 24 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 May 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £103,000 results in an estimated price of approximately £126,808.
| 24 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.115 % | £103,000 | £23,808 | £126,808 |
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 | 79.025 % | £81,396 | £184,396 |
| 3 Month Average | 57.880 % | £59,616 | £162,616 |
| 6 Month Average | 21.561 % | £22,207 | £125,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £125,613 | £124,000 | 1 BULTEEL STREET |
| 7 Aug 2023 | £121,740 | £121,000 | 46 BULTEEL STREET |
| 16 Jun 2023 | £126,022 | £125,000 | 416 ORMSKIRK ROAD |
| 17 Mar 2023 | £158,859 | £158,000 | 414 ORMSKIRK ROAD |
| 17 Aug 2022 | £119,195 | £120,000 | 41 LARCH AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 2 Jun 2014. Using an estimated price of £126,808 means this house is valued at £1,585 per sq meter (£147 per sq foot).
The average size of a house on ELLESMERE ROAD is 115 sq meters (1,238 sq feet).