£103,406
This estimated value is based upon the latest sale price for the house of £96,000 on 30 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £96,000 | 30 Nov 2021 |
| £119,950 | 11 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2021 the House Price Index for GREATER MANCHESTER was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £96,000 results in an estimated price of approximately £103,406.
| 30 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £96,000 | £7,406 | £103,406 |
The Postcode Pricing Model uses changes in average sales price within the M28 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 | 18.909 % | £18,152 | £114,152 |
| 3 Month Average | 26.374 % | £25,318 | £121,318 |
| 6 Month Average | 13.947 % | £13,389 | £109,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £157,016 | £155,000 | 298 BOLTON ROAD |
| 7 Jul 2023 | £232,196 | £230,000 | 15 LAKESIDE AVENUE |
| 31 Mar 2023 | £142,772 | £142,000 | 44 WORSLEY ROAD NORTH |
| 7 Mar 2023 | £175,951 | £175,000 | 9 WORSLEY ROAD NORTH |
| 24 Feb 2023 | £110,477 | £111,000 | APARTMENT 1 RESERVOIR GARDENS, 2 WORSLEY ROAD NORTH |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 16 Mar 2021. Using an estimated price of £103,406 means this house is valued at £1,814 per sq meter (£168 per sq foot).
The average size of a house on WORSLEY ROAD NORTH is 76 sq meters (818 sq feet).