£757,273
This estimated value is based upon the latest sale price for the house of £610,000 on 5 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 |
|---|---|
| £610,000 | 5 Oct 2018 |
| £519,950 | 1 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 261 sq meters or 2,809 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 £610,000 results in an estimated price of approximately £757,273.
| 5 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £610,000 | £147,273 | £757,273 |
The Postcode Pricing Model uses changes in average sales price within the WN1 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 | 77.733 % | £474,170 | £1,084,170 |
| 3 Month Average | 13.708 % | £83,621 | £693,621 |
| 6 Month Average | 16.664 % | £101,651 | £711,651 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £366,254 | £355,000 | 32 BROCK MILL LANE |
| 26 Jan 2023 | £762,036 | £760,000 | 14 WOODLANDS PARK CLOSE |
| 18 Nov 2022 | £408,092 | £410,000 | 250 WIGAN LANE |
| 23 May 2022 | £364,496 | £355,000 | 30 BROCK MILL LANE |
| 21 Apr 2022 | £347,536 | £335,000 | 6 BROCK MILL LANE |
This house has a floor area of 261 sq meters or 2,809 sq feet when measured on 9 Oct 2015. Using an estimated price of £757,273 means this house is valued at £2,901 per sq meter (£269 per sq foot).
The average size of a house on WOODLANDS PARK CLOSE is 296 sq meters (3,188 sq feet).