£193,345
This estimated value is based upon the latest sale price for the house of £113,995 on 22 Jun 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £113,995 | 22 Jun 2012 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 June 2012 the House Price Index for GREATER MANCHESTER was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £113,995 results in an estimated price of approximately £193,345.
| 22 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £113,995 | £79,350 | £193,345 |
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 | 151.322 % | £172,499 | £286,494 |
| 3 Month Average | 70.508 % | £80,375 | £194,370 |
| 6 Month Average | 28.271 % | £32,227 | £146,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £119,919 | £120,000 | 12 THOMAS STREET |
| 4 Jul 2022 | £121,327 | £121,000 | 9 WOOD STREET |
| 1 Jul 2022 | £123,332 | £123,000 | 52 SCOT LANE |
| 15 Mar 2022 | £274,713 | £265,100 | 31 THOMAS STREET |
| 11 Mar 2022 | £151,294 | £146,000 | 18 WOOD STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 May 2012. Using an estimated price of £193,346 means this house is valued at £3,068 per sq meter (£285 per sq foot).
The average size of a house on SEXTON CLOSE is 91 sq meters (983 sq feet).