£242,882
This estimated value is based upon the latest sale price for the house of £177,700 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £177,700 | 8 Jan 2016 |
| £120,000 | 13 Aug 2010 |
| Semi-Detached |
| Leasehold |
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 January 2016 the House Price Index for GREATER MANCHESTER was 108.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 36.681%.Applying this 36.681% change to the original purchase price of £177,700 results in an estimated price of approximately £242,882.
| 8 Jan 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.0 | 36.681 % | £177,700 | £65,182 | £242,882 |
The Postcode Pricing Model uses changes in average sales price within the WN5 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 | 33.691 % | £59,869 | £237,569 |
| 3 Month Average | 62.999 % | £111,948 | £289,648 |
| 6 Month Average | 29.940 % | £53,203 | £230,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £408,311 | £405,000 | 85 WINSTANLEY ROAD |
| 23 Jun 2023 | £299,428 | £297,000 | 34 WINSTANLEY ROAD |
| 10 May 2022 | £172,565 | £170,000 | 8 EDGE HALL ROAD |
| 4 Mar 2022 | £357,615 | £346,500 | 62 WINSTANLEY ROAD |
| 18 Feb 2022 | £302,371 | £289,500 | 82A WINSTANLEY ROAD |