£173,195
This estimated value is based upon the latest sale price for the house of £149,995 on 12 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £149,995 | 12 Nov 2020 |
| £58,000 | 29 Nov 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 103 sq meters or 1,108 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 November 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £149,995 results in an estimated price of approximately £173,195.
| 12 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £149,995 | £23,200 | £173,195 |
The Postcode Pricing Model uses changes in average sales price within the WN1 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 | -28.422 % | £-42,630 | £107,364 |
| 3 Month Average | -2.547 % | £-3,819 | £146,175 |
| 6 Month Average | -7.375 % | £-11,062 | £138,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £70,428 | £70,000 | 23 WALLACE LANE |
| 27 Jul 2023 | £171,623 | £170,000 | 7 WELDON GROVE |
| 16 Jun 2023 | £120,981 | £120,000 | 14 BRADSHAW STREET |
| 7 Jun 2023 | £104,346 | £103,500 | 12 NEWMAN STREET |
| 3 Feb 2023 | £123,416 | £124,000 | 100 WHELLEY |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 18 Mar 2020. Using an estimated price of £173,195 means this house is valued at £1,681 per sq meter (£156 per sq foot).
There is one other house on the street which we know the size of, this is 4 WELDON GROVE it is 72.0