£148,617
This estimated value is based upon the latest sale price for the house of £49,950 on 19 Apr 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £49,950 | 19 Apr 2002 |
| £30,000 | 27 Jun 1997 |
| Terraced |
| Freehold |
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 April 2002 the House Price Index for GREATER MANCHESTER was 49.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 197.532%.Applying this 197.532% change to the original purchase price of £49,950 results in an estimated price of approximately £148,617.
| 19 Apr 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 148.0 | 197.532 % | £49,950 | £98,667 | £148,617 |
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 | 199.478 % | £99,639 | £149,589 |
| 3 Month Average | 227.768 % | £113,770 | £163,720 |
| 6 Month Average | 174.032 % | £86,929 | £136,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £81,040 | £80,000 | 482 ORMSKIRK ROAD |
| 21 Jul 2023 | £105,498 | £104,500 | 37 TUNSTALL LANE |
| 28 Apr 2023 | £108,305 | £107,500 | 478 ORMSKIRK ROAD |
| 17 Aug 2022 | £119,195 | £120,000 | 41 LARCH AVENUE |
| 28 Feb 2022 | £114,891 | £110,000 | 30 TUNSTALL LANE |