£87,228
This estimated value is based upon the latest sale price for the house of £71,500 on 19 Jun 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£71,500 | 19 Jun 2020 |
£91,306 | 19 Jun 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 2020 the House Price Index for GREATER MANCHESTER was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £71,500 results in an estimated price of approximately £87,228.
19 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £71,500 | £15,728 | £87,228 |
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 | 39.941 % | £28,557 | £100,057 |
3 Month Average | 28.546 % | £20,410 | £91,910 |
6 Month Average | 28.006 % | £20,023 | £91,523 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £92,806 | £92,000 | 17 PENDLE COURT |
9 Aug 2023 | £112,020 | £110,000 | 27 PENDLE COURT |
27 Apr 2023 | £83,563 | £82,000 | 45 PENDLE COURT |
11 Apr 2023 | £107,001 | £105,000 | 83 STOTT WHARF |
31 Mar 2023 | £91,529 | £90,000 | 68 PENDLE COURT |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 6 Oct 2015. Using an estimated price of £87,229 means this house is valued at £1,645 per sq meter (£152 per sq foot).
The average size of a house on PENDLE COURT is 64 sq meters (690 sq feet).