£158,597
This estimated value is based upon the latest sale price for the house of £130,000 on 1 Jun 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £130,000 | 1 Jun 2020 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2020 the House Price Index for GREATER MANCHESTER was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £130,000 results in an estimated price of approximately £158,597.
| 1 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £130,000 | £28,597 | £158,597 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | 72.102 % | £93,732 | £223,732 |
| 3 Month Average | 128.081 % | £166,505 | £296,505 |
| 6 Month Average | 71.778 % | £93,311 | £223,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2023 | £132,478 | £130,000 | 75 WHELER STREET |
| 23 Feb 2023 | £120,807 | £120,000 | 138 WHELER STREET |
| 20 Jan 2023 | £128,343 | £128,000 | 1 WALLWORK STREET |
| 2 Nov 2021 | £94,788 | £87,000 | 73 WHELER STREET |
| 29 Oct 2021 | £133,704 | £119,950 | 110 WAYNE STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 25 Apr 2012. Using an estimated price of £158,597 means this house is valued at £1,635 per sq meter (£151 per sq foot).
The average size of a house on WHELER STREET is 76 sq meters (828 sq feet).