£85,737
This estimated value is based upon the latest sale price for the house of £72,500 on 30 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £72,500 | 30 Sep 2020 |
| £58,100 | 8 May 2015 |
| £62,000 | 15 Nov 2004 |
| £30,000 | 20 May 2002 |
| £15,000 | 15 Mar 2002 |
| £29,500 | 3 Oct 1997 |
| Terraced |
| 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 September 2020 the House Price Index for GREATER MANCHESTER was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £72,500 results in an estimated price of approximately £85,737.
| 30 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £72,500 | £13,237 | £85,737 |
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 | 4302.372 % | £3,119,219 | £3,191,719 |
| 3 Month Average | 50.165 % | £36,369 | £108,869 |
| 6 Month Average | 15.341 % | £11,122 | £83,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £105,642 | £105,000 | 14 CHAPEL STREET |
| 9 Jun 2023 | £80,654 | £80,000 | 6 MACDONALD STREET |
| 4 Apr 2023 | £69,517 | £69,000 | 10 QUEEN STREET |
| 30 Jan 2023 | £109,042 | £110,000 | 20 CHAPEL STREET |
| 27 Jan 2023 | £82,277 | £83,000 | 11 CHAPEL STREET |