£173,691
This estimated value is based upon the latest sale price for the house of £160,000 on 15 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£160,000 | 15 Sep 2021 |
£135,000 | 17 Jun 2016 |
£125,000 | 16 Nov 2009 |
£121,000 | 1 Apr 2005 |
Semi-Detached |
Leasehold |
Floor Area: 67 sq meters or 722 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 September 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £160,000 results in an estimated price of approximately £173,691.
15 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £160,000 | £13,691 | £173,691 |
The Postcode Pricing Model uses changes in average sales price within the WN3 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 | -51.442 % | £-82,307 | £77,692 |
3 Month Average | 2.507 % | £4,010 | £164,010 |
6 Month Average | 12.009 % | £19,215 | £179,215 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £357,889 | £350,000 | 19 AVELEY GARDENS |
24 Feb 2023 | £163,593 | £162,500 | 45 MERTON ROAD |
20 Jan 2023 | £216,579 | £216,000 | 9 AVELEY GARDENS |
10 Mar 2022 | £279,774 | £268,000 | 6 AVELEY GARDENS |
3 Dec 2021 | £183,482 | £170,000 | 10 SANDPIPER ROAD |
This house has a floor area of 67 sq meters or 722 sq feet when measured on 19 May 2009. Using an estimated price of £173,691 means this house is valued at £2,586 per sq meter (£240 per sq foot).
The average size of a house on SANDPIPER ROAD is 78 sq meters (843 sq feet).