£72,031
This estimated value is based upon the latest sale price for the house of £29,500 on 6 Jan 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£29,500 | 6 Jan 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 January 2003 the House Price Index for GREATER MANCHESTER was 60.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 144.176%.Applying this 144.176% change to the original purchase price of £29,500 results in an estimated price of approximately £72,031.
6 Jan 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.1 | 146.7 | 144.176 % | £29,500 | £42,531 | £72,031 |
The Postcode Pricing Model uses changes in average sales price within the WA14 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 | 87.460 % | £25,800 | £55,300 |
3 Month Average | 59.987 % | £17,696 | £47,196 |
6 Month Average | 130.226 % | £38,416 | £67,916 |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 21 Jun 2012.
The average size of a house on LLOYDS COURT is 75 sq meters (813 sq feet).
This house is the smallest in the street with a floor area of 43 sq meters (462 sq feet).