£229,664
This estimated value is based upon the latest sale price for the house of £185,000 on 15 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £185,000 | 15 Oct 2018 |
| £140,000 | 28 Oct 2005 |
| £52,500 | 31 Jul 1997 |
| £13,000 | 14 Aug 1996 |
| Terraced |
| Leasehold |
| Floor Area: 119 sq meters or 1,281 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 October 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £185,000 results in an estimated price of approximately £229,664.
| 15 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £185,000 | £44,664 | £229,664 |
The Postcode Pricing Model uses changes in average sales price within the WN1 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 | 32.565 % | £60,244 | £245,244 |
| 3 Month Average | 24.373 % | £45,089 | £230,089 |
| 6 Month Average | 21.435 % | £39,655 | £224,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Aug 2024 | £210,000 | £210,000 | 54 WIDDRINGTON ROAD |
| 27 Aug 2024 | £175,000 | £175,000 | 15 KINGSWAY |
| 24 Nov 2023 | £184,688 | £180,000 | 12 SPRINGFIELD STREET |
| 25 Aug 2023 | £412,439 | £405,000 | 4 MONUMENT ROAD |
| 3 Apr 2023 | £254,765 | £250,000 | 24 WIDDRINGTON ROAD |
This house has a floor area of 119 sq meters or 1,281 sq feet when measured on 30 Jul 2009. Using an estimated price of £229,665 means this house is valued at £1,929 per sq meter (£179 per sq foot).
The average size of a house on KINGSWAY is 139 sq meters (1,496 sq feet).