£148,301
This estimated value is based upon the latest sale price for the house of £147,500 on 24 Mar 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £147,500 | 24 Mar 2023 |
| £61,000 | 30 Apr 2012 |
| Terraced |
| Leasehold |
| Floor Area: 107 sq meters or 1,151 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 March 2023 the House Price Index for GREATER MANCHESTER was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £147,500 results in an estimated price of approximately £148,301.
| 24 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £147,500 | £801 | £148,301 |
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 | -5.120 % | £-7,551 | £139,948 |
| 3 Month Average | 25.835 % | £38,106 | £185,606 |
| 6 Month Average | -1.128 % | £-1,663 | £145,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £91,054 | £90,500 | 9 LEADER STREET |
| 6 Apr 2023 | £138,026 | £137,000 | 656 ORMSKIRK ROAD |
| 31 Mar 2023 | £133,723 | £133,000 | 11 SMETHURST LANE |
| 24 Mar 2023 | £148,302 | £147,500 | 663 ORMSKIRK ROAD |
| 31 Jan 2023 | £247,823 | £250,000 | 641A ORMSKIRK ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 26 Nov 2021. Using an estimated price of £148,302 means this house is valued at £1,386 per sq meter (£128 per sq foot).
The average size of a house on ORMSKIRK ROAD is 97 sq meters (1,052 sq feet).