£299,514
This estimated value is based upon the latest sale price for the house of £215,950 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£215,950 | 27 Nov 2015 |
Detached |
Leasehold |
Floor Area: 115 sq meters or 1,237 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 2015 the House Price Index for GREATER MANCHESTER was 106.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 38.696%.Applying this 38.696% change to the original purchase price of £215,950 results in an estimated price of approximately £299,514.
27 Nov 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.0 | 38.696 % | £215,950 | £83,564 | £299,514 |
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 | 42.653 % | £92,110 | £308,060 |
3 Month Average | 77.351 % | £167,039 | £382,989 |
6 Month Average | 28.679 % | £61,931 | £277,881 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Feb 2023 | £161,735 | £162,500 | 45 MERTON ROAD |
23 May 2022 | £182,716 | £180,000 | 86 MERTON ROAD |
1 Apr 2022 | £292,308 | £285,000 | 91 MEADOW BROOK |
10 Dec 2021 | £160,058 | £150,000 | 1 COTSWOLD AVENUE |
15 Nov 2021 | £163,726 | £152,000 | 55 SANDPIPER ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 28 May 2015. Using an estimated price of £299,514 means this house is valued at £2,604 per sq meter (£241 per sq foot).
The average size of a house on MEADOW BROOK is 103 sq meters (1,116 sq feet).