£110,953
This estimated value is based upon the latest sale price for the house of £95,000 on 6 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 |
---|---|
£95,000 | 6 Nov 2020 |
£95,000 | 6 Nov 2020 |
Terraced |
Leasehold |
Floor Area: 84 sq meters or 904 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 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £95,000 results in an estimated price of approximately £110,953.
6 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £95,000 | £15,953 | £110,953 |
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 | 7.159 % | £6,800 | £101,800 |
3 Month Average | 51.496 % | £48,921 | £143,921 |
6 Month Average | 37.479 % | £35,604 | £130,604 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £170,000 | £170,000 | 465 WARRINGTON ROAD |
15 Dec 2023 | £140,311 | £136,000 | 596 WARRINGTON ROAD |
15 Dec 2023 | £149,597 | £145,000 | 115 RUSKIN AVENUE |
12 Dec 2023 | £183,643 | £178,000 | 460 WARRINGTON ROAD |
10 Nov 2023 | £148,777 | £145,000 | 556 WARRINGTON ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 13 May 2020. Using an estimated price of £110,954 means this house is valued at £1,320 per sq meter (£122 per sq foot).
The average size of a house on WARRINGTON ROAD is 90 sq meters (977 sq feet).