£161,299
This estimated value is based upon the latest sale price for the house of £50,000 on 12 Nov 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £50,000 | 12 Nov 2001 |
| Terraced |
| Leasehold |
| Floor Area: 104 sq meters or 1,119 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 November 2001 the House Price Index for GREATER MANCHESTER was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £50,000 results in an estimated price of approximately £161,299.
| 12 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £50,000 | £111,299 | £161,299 |
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 | 243.106 % | £121,552 | £171,552 |
| 3 Month Average | 206.303 % | £103,151 | £153,151 |
| 6 Month Average | 200.118 % | £100,059 | £150,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £127,230 | £124,000 | 1 BULTEEL STREET |
| 27 Oct 2023 | £143,254 | £140,000 | 3 CLAUDE STREET |
| 7 Aug 2023 | £123,222 | £121,000 | 46 BULTEEL STREET |
| 16 Jun 2023 | £127,556 | £125,000 | 416 ORMSKIRK ROAD |
| 17 Mar 2023 | £160,683 | £158,000 | 414 ORMSKIRK ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 11 Aug 2015. Using an estimated price of £161,299 means this house is valued at £1,550 per sq meter (£144 per sq foot).
The average size of a house on ELLESMERE ROAD is 115 sq meters (1,238 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Under investigation | On or near Newland Avenue |