£130,505
This estimated value is based upon the latest sale price for the house of £90,000 on 22 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £90,000 | 22 Jul 2015 |
| £117,500 | 10 Jul 2006 |
| £46,000 | 21 Feb 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 July 2015 the House Price Index for GREATER MANCHESTER was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £90,000 results in an estimated price of approximately £130,505.
| 22 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £90,000 | £40,505 | £130,505 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 64.635 % | £58,171 | £148,171 |
| 3 Month Average | 52.529 % | £47,275 | £137,275 |
| 6 Month Average | 56.743 % | £51,068 | £141,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £202,600 | £202,600 | CHURCH OF THE TWELVE APOSTLES NEL PAN LANE |
| 17 Nov 2023 | £87,214 | £85,000 | 11 WESTLEIGH LANE |
| 3 Nov 2023 | £86,701 | £84,500 | 7 NORTHWELL STREET |
| 25 Oct 2023 | £65,487 | £64,000 | 6A WESTWELL GROVE |
| 3 Aug 2023 | £304,637 | £299,143 | FLAT 2 77 WESTLEIGH LANE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 19 May 2015. Using an estimated price of £130,506 means this house is valued at £1,535 per sq meter (£142 per sq foot).
The average size of a house on MYCROFT CLOSE is 104 sq meters (1,119 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (914 sq feet).