£137,522
This estimated value is based upon the latest sale price for the house of £105,000 on 17 Feb 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£105,000 | 17 Feb 2017 |
Semi-Detached |
Leasehold |
Floor Area: 82 sq meters or 882 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 February 2017 the House Price Index for GREATER MANCHESTER was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £105,000 results in an estimated price of approximately £137,522.
17 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 149.7 | 30.973 % | £105,000 | £32,522 | £137,522 |
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 | 37.930 % | £39,826 | £144,826 |
3 Month Average | 71.357 % | £74,925 | £179,925 |
6 Month Average | 51.078 % | £53,632 | £158,632 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £199,532 | £195,000 | 1 CONCORDE AVENUE |
27 Sep 2023 | £204,508 | £200,000 | 139 CARR LANE |
29 Jul 2022 | £212,126 | £210,000 | 112 CARR LANE |
15 Jul 2022 | £207,075 | £205,000 | 80 CARR LANE |
25 Feb 2022 | £176,957 | £167,500 | 66 CARR LANE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 21 Jul 2016. Using an estimated price of £137,522 means this house is valued at £1,677 per sq meter (£155 per sq foot).
The average size of a house on ALDRIDGE CLOSE is 90 sq meters (971 sq feet).