£61,584
This estimated value is based upon the latest sale price for the house of £50,000 on 9 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £50,000 | 9 Apr 2019 |
| £42,250 | 3 Apr 2017 |
| Leasehold |
| Floor Area: 24 sq meters or 258 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 April 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £50,000 results in an estimated price of approximately £61,584.
| 9 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £50,000 | £11,584 | £61,584 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 102.789 % | £51,394 | £101,394 |
| 3 Month Average | 31.072 % | £15,535 | £65,535 |
| 6 Month Average | 26.501 % | £13,250 | £63,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £78,434 | £76,950 | 13 ABBEY STREET |
| 29 Jul 2022 | £109,852 | £110,000 | 12 WINDERMERE ROAD |
| 27 May 2022 | £80,192 | £79,000 | 5 ABBEY STREET |
| 17 May 2022 | £203,018 | £200,000 | 26 THE AVENUE |
| 7 Mar 2022 | £86,695 | £84,000 | 12 LEIGH ROAD |
This house has a floor area of 24 sq meters or 258 sq feet when measured on 22 Dec 2016. Using an estimated price of £61,584 means this house is valued at £2,566 per sq meter (£238 per sq foot).
The average size of a house on LEIGH ROAD is 94 sq meters (1,013 sq feet).
This house is the smallest in the street with a floor area of 24 sq meters (258 sq feet).