£344,729
This estimated value is based upon the latest sale price for the house of £200,000 on 16 Dec 2011. 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 |
|---|---|
| £200,000 | 16 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 December 2011 the House Price Index for GREATER MANCHESTER was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £200,000 results in an estimated price of approximately £344,729.
| 16 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £200,000 | £144,729 | £344,729 |
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 | 57.341 % | £114,681 | £314,681 |
| 3 Month Average | 49.101 % | £98,202 | £298,202 |
| 6 Month Average | 40.997 % | £81,993 | £281,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £406,011 | £400,000 | 97 PEMBERTON ROAD |
| 19 Sep 2023 | £282,107 | £278,500 | 22 MALVERN CLOSE |
| 23 Feb 2023 | £301,297 | £301,500 | 3 HOLMES HOUSE AVENUE |
| 14 Sep 2022 | £257,917 | £260,000 | 7 PENNINE AVENUE |
| 22 Aug 2022 | £345,071 | £346,000 | 41 PENNINE AVENUE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 5 Oct 2016. Using an estimated price of £344,730 means this house is valued at £2,735 per sq meter (£254 per sq foot).
The average size of a house on HOLMES HOUSE AVENUE is 102 sq meters (1,100 sq feet).