£136,865
This estimated value is based upon the latest sale price for the house of £112,000 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£112,000 | 27 Sep 2019 |
£93,500 | 11 Dec 2015 |
£83,950 | 15 Aug 2003 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £112,000 results in an estimated price of approximately £136,865.
27 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.0 | 22.201 % | £112,000 | £24,865 | £136,865 |
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 | 57.895 % | £64,842 | £176,842 |
3 Month Average | 57.621 % | £64,535 | £176,535 |
6 Month Average | 20.248 % | £22,678 | £134,678 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £138,026 | £137,000 | 656 ORMSKIRK ROAD |
5 Apr 2023 | £146,086 | £145,000 | 559 ORMSKIRK ROAD |
24 Mar 2023 | £148,302 | £147,500 | 663 ORMSKIRK ROAD |
31 Jan 2023 | £247,823 | £250,000 | 641A ORMSKIRK ROAD |
8 Nov 2022 | £164,335 | £167,000 | 27 CHATSWORTH STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 7 Jun 2021. Using an estimated price of £136,865 means this house is valued at £2,073 per sq meter (£192 per sq foot).
The average size of a house on CRANTOCK ROAD is 95 sq meters (1,031 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).