£329,827
This estimated value is based upon the latest sale price for the house of £265,000 on 25 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £265,000 | 25 Jun 2019 |
| Detached |
| Leasehold |
| Floor Area: 149 sq meters or 1,603 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 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £265,000 results in an estimated price of approximately £329,827.
| 25 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £265,000 | £64,827 | £329,827 |
The Postcode Pricing Model uses changes in average sales price within the WN3 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 | -9.266 % | £-24,555 | £240,444 |
| 3 Month Average | 28.759 % | £76,211 | £341,211 |
| 6 Month Average | 32.284 % | £85,552 | £350,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £152,341 | £150,000 | 21 FOUNDRY LANE |
| 11 Apr 2023 | £172,731 | £169,500 | 19 FOUNDRY LANE |
| 11 Jan 2023 | £180,482 | £180,000 | 263 BILLINGE ROAD |
| 22 Jul 2022 | £262,632 | £260,000 | 61 FINDLEY COOK ROAD |
| 22 Apr 2022 | £165,988 | £160,000 | 257 BILLINGE ROAD |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 7 Nov 2013. Using an estimated price of £329,828 means this house is valued at £2,213 per sq meter (£205 per sq foot).
The average size of a house on LAVERICK GROVE is 120 sq meters (1,298 sq feet).