£198,517
This estimated value is based upon the latest sale price for the house of £186,043 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£186,043 | 17 Dec 2021 |
£132,952 | 27 Jun 2012 |
Detached |
Leasehold |
Floor Area: 76 sq meters or 818 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 December 2021 the House Price Index for GREATER MANCHESTER was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £186,043 results in an estimated price of approximately £198,517.
17 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.0 | 6.705 % | £186,043 | £12,474 | £198,517 |
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 | 8.767 % | £16,309 | £202,352 |
3 Month Average | 29.937 % | £55,696 | £241,739 |
6 Month Average | 13.770 % | £25,618 | £211,661 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £292,371 | £290,000 | 65 MEADOW BROOK |
21 Mar 2023 | £296,603 | £295,000 | 108 MEADOW BROOK |
18 Mar 2022 | £179,582 | £174,000 | 28 CROMFORD DRIVE |
23 Feb 2022 | £156,669 | £150,000 | 121 BROOK LANE |
18 Feb 2022 | £297,671 | £285,000 | 74 MEADOW BROOK |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 19 Apr 2012. Using an estimated price of £198,517 means this house is valued at £2,612 per sq meter (£242 per sq foot).
The average size of a house on MEADOW BROOK is 103 sq meters (1,116 sq feet).