£45,062
This estimated value is based upon the latest sale price for the house of £42,000 on 22 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £42,000 | 22 Jun 2021 |
| £69,995 | 24 Aug 2007 |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2021 the House Price Index for GREATER MANCHESTER was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £42,000 results in an estimated price of approximately £45,062.
| 22 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £42,000 | £3,062 | £45,062 |
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 | 14.033 % | £5,894 | £47,894 |
| 3 Month Average | 4.731 % | £1,987 | £43,987 |
| 6 Month Average | 7.504 % | £3,151 | £45,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £256,277 | £253,000 | 73 CARR LANE |
| 10 Mar 2023 | £201,902 | £200,000 | 6 BRANSFIELD CLOSE |
| 24 Aug 2022 | £245,090 | £245,750 | 1 AIRTON PLACE |
| 8 Jul 2022 | £190,513 | £190,000 | 39 BRANSFIELD CLOSE |
| 10 Jun 2022 | £202,867 | £200,000 | 24 CARR LANE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 12 Sep 2014. Using an estimated price of £45,063 means this house is valued at £577 per sq meter (£53 per sq foot).
The average size of a house on CARR LANE is 87 sq meters (945 sq feet).