£328,336
This estimated value is based upon the latest sale price for the house of £263,000 on 24 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£263,000 | 24 Jul 2018 |
£223,500 | 22 May 2012 |
£249,950 | 30 Mar 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 July 2018 the House Price Index for GREATER MANCHESTER was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £263,000 results in an estimated price of approximately £328,336.
24 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £263,000 | £65,336 | £328,336 |
The Postcode Pricing Model uses changes in average sales price within the WA15 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 | 37.544 % | £98,740 | £361,740 |
3 Month Average | 32.444 % | £85,328 | £348,328 |
6 Month Average | 18.979 % | £49,915 | £312,915 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £373,000 | £373,000 | 1 PINEWOOD COURT SOUTH DOWNS ROAD |
8 Dec 2023 | £944,007 | £915,000 | 13 PARK ROAD |
1 Dec 2023 | £257,926 | £250,000 | APARTMENT 20 4 WOLF GRANGE |
23 Nov 2023 | £1,205,603 | £1,175,000 | 10 GREENSIDE DRIVE |
26 Jul 2022 | £797,996 | £790,000 | FLAT 1 WOODCOTE, 16 SOUTH DOWNS ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 3 May 2018. Using an estimated price of £328,337 means this house is valued at £5,863 per sq meter (£544 per sq foot).
The average size of a house on WOLF GRANGE is 84 sq meters (909 sq feet).