£116,073
This estimated value is based upon the latest sale price for the house of £93,500 on 12 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 |
|---|---|
| £93,500 | 12 Oct 2018 |
| Terraced |
| Freehold |
| 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 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 £93,500 results in an estimated price of approximately £116,073.
| 12 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £93,500 | £22,573 | £116,073 |
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 | 17.414 % | £16,282 | £109,782 |
| 3 Month Average | 48.925 % | £45,744 | £139,244 |
| 6 Month Average | 54.844 % | £51,279 | £144,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £106,265 | £103,000 | 211 FIRS LANE |
| 1 Dec 2023 | £73,251 | £71,000 | 195 FIRS LANE |
| 24 Nov 2023 | £208,287 | £203,000 | 13A NANGREAVES STREET |
| 19 Sep 2023 | £143,156 | £140,000 | 18 NANGREAVES STREET |
| 13 Sep 2023 | £112,480 | £110,000 | 240 FIRS LANE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 31 Oct 2017. Using an estimated price of £116,074 means this house is valued at £1,365 per sq meter (£126 per sq foot).
The average size of a house on TUNNICLIFFES NEW ROW is 118 sq meters (1,270 sq feet).