£235,032
This estimated value is based upon the latest sale price for the house of £42,250 on 27 Sep 1996. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £42,250 | 27 Sep 1996 |
| Terraced |
| Leasehold |
| Floor Area: 114 sq meters or 1,227 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 September 1996 the House Price Index for GREATER MANCHESTER was 26.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 456.289%.Applying this 456.289% change to the original purchase price of £42,250 results in an estimated price of approximately £235,032.
| 27 Sep 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 149.7 | 456.289 % | £42,250 | £192,782 | £235,032 |
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 | 369.023 % | £155,912 | £198,162 |
| 3 Month Average | 320.625 % | £135,464 | £177,714 |
| 6 Month Average | 271.904 % | £114,879 | £157,129 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £162,410 | £161,000 | 48 WIGAN LANE |
| 1 Mar 2024 | £86,326 | £85,000 | 15 SCARISBRICK STREET |
| 5 Oct 2023 | £140,695 | £137,500 | 2 LANSDOWNE TERRACE |
| 15 Mar 2023 | £92,546 | £91,000 | 22 CHARLES STREET |
| 1 Feb 2023 | £155,036 | £154,000 | 25 CHARLES STREET |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 8 Dec 2021. Using an estimated price of £235,032 means this house is valued at £2,061 per sq meter (£191 per sq foot).
The average size of a house on SCARISBRICK STREET is 113 sq meters (1,223 sq feet).