£131,243
This estimated value is based upon the latest sale price for the house of £122,500 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£122,500 | 21 Dec 2021 |
£84,000 | 12 Mar 2018 |
£43,000 | 6 Mar 2017 |
Terraced |
Leasehold |
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 2021 the House Price Index for GREATER MANCHESTER was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £122,500 results in an estimated price of approximately £131,243.
21 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £122,500 | £8,743 | £131,243 |
The Postcode Pricing Model uses changes in average sales price within the WN2 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 | 12.516 % | £15,331 | £137,831 |
3 Month Average | 5.957 % | £7,297 | £129,797 |
6 Month Average | -4.778 % | £-5,853 | £116,646 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Dec 2023 | £183,205 | £180,000 | 376A LEIGH ROAD |
21 Dec 2023 | £70,229 | £69,000 | 356 LEIGH ROAD |
6 Dec 2023 | £66,158 | £65,000 | 360 LEIGH ROAD |
13 Sep 2023 | £172,759 | £170,550 | 394 LEIGH ROAD |
4 Aug 2023 | £168,474 | £167,000 | 9 HARBROOK GROVE |