£48,804
This estimated value is based upon the latest sale price for the house of £38,000 on 5 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £38,000 | 5 Jul 2017 |
| £59,950 | 2 Mar 2007 |
| £39,000 | 23 Apr 2004 |
| £19,000 | 15 Apr 2004 |
| £16,000 | 15 Feb 2002 |
| £8,000 | 23 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2017 the House Price Index for GREATER MANCHESTER was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £38,000 results in an estimated price of approximately £48,804.
| 5 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £38,000 | £10,804 | £48,804 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 49.743 % | £18,902 | £56,902 |
| 3 Month Average | 63.850 % | £24,262 | £62,262 |
| 6 Month Average | 66.107 % | £25,120 | £63,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £111,716 | £110,000 | 51 WILFRED STREET |
| 14 Dec 2023 | £128,963 | £125,000 | 67 WINNIE STREET |
| 27 Oct 2023 | £143,254 | £140,000 | 58 WILFRED STREET |
| 13 Sep 2023 | £109,412 | £107,000 | 50 WINNIE STREET |
| 16 Jun 2023 | £95,922 | £94,000 | 38 WILFRED STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 19 May 2016. Using an estimated price of £48,804 means this house is valued at £697 per sq meter (£64 per sq foot).
The average size of a house on WILFRED STREET is 77 sq meters (836 sq feet).