£221,584
This estimated value is based upon the latest sale price for the house of £143,100 on 4 Oct 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £143,100 | 4 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
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 2007 the House Price Index for GREATER MANCHESTER was 95.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 54.846%.Applying this 54.846% change to the original purchase price of £143,100 results in an estimated price of approximately £221,584.
| 4 Oct 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.0 | 54.846 % | £143,100 | £78,484 | £221,584 |
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 | 41.743 % | £59,734 | £202,834 |
| 3 Month Average | 55.963 % | £80,083 | £223,183 |
| 6 Month Average | 22.755 % | £32,561 | £175,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £252,387 | £250,000 | 701 ORMSKIRK ROAD |
| 12 Aug 2022 | £144,027 | £145,000 | 24 HEADEN AVENUE |
| 12 Jul 2022 | £154,791 | £155,000 | 14 NORMANBY STREET |
| 24 Jun 2022 | £111,126 | £110,000 | 792 ORMSKIRK ROAD |
| 27 May 2022 | £94,403 | £93,000 | 8 QUEENS COURT WARDLEY STREET |