£119,002
This estimated value is based upon the latest sale price for the house of £41,000 on 22 May 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 |
|---|---|
| £41,000 | 22 May 2002 |
| Terraced |
| Leasehold |
| Floor Area: 145 sq meters or 1,560 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 May 2002 the House Price Index for GREATER MANCHESTER was 51.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 190.251%.Applying this 190.251% change to the original purchase price of £41,000 results in an estimated price of approximately £119,002.
| 22 May 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.0 | 190.251 % | £41,000 | £78,002 | £119,002 |
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 | 207.510 % | £85,078 | £126,078 |
| 3 Month Average | 230.118 % | £94,348 | £135,348 |
| 6 Month Average | 175.243 % | £71,849 | £112,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £125,613 | £124,000 | 1 BULTEEL STREET |
| 7 Aug 2023 | £121,740 | £121,000 | 46 BULTEEL STREET |
| 16 Jun 2023 | £126,022 | £125,000 | 416 ORMSKIRK ROAD |
| 17 Mar 2023 | £158,859 | £158,000 | 414 ORMSKIRK ROAD |
| 18 Nov 2022 | £131,862 | £134,000 | 27 NEWLAND AVENUE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 22 Jun 2016. Using an estimated price of £119,003 means this house is valued at £820 per sq meter (£76 per sq foot).
The average size of a house on ELLESMERE ROAD is 115 sq meters (1,238 sq feet).
This house is the largest in the street with a floor area of 145 sq meters (1,560 sq feet).