£109,640
This estimated value is based upon the latest sale price for the house of £86,000 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £86,000 | 14 Jul 2017 |
| £49,200 | 19 Dec 2003 |
| 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 July 2017 the House Price Index for GREATER MANCHESTER was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £86,000 results in an estimated price of approximately £109,640.
| 14 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £86,000 | £23,640 | £109,640 |
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 | 185.462 % | £159,497 | £245,497 |
| 3 Month Average | 59.067 % | £50,797 | £136,797 |
| 6 Month Average | 19.406 % | £16,689 | £102,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £75,816 | £75,000 | 8 ST MARKS AVENUE |
| 31 Mar 2023 | £137,293 | £136,000 | 28 ST MARKS AVENUE |
| 29 Nov 2022 | £113,624 | £115,000 | 185 SCOT LANE |
| 23 Feb 2022 | £150,488 | £143,500 | 24 MORE STREET |
| 12 Jan 2022 | £86,297 | £82,000 | 254 SCOT LANE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 22 Jul 2014. Using an estimated price of £109,640 means this house is valued at £953 per sq meter (£88 per sq foot).
The average size of a house on LAUREL STREET is 95 sq meters (1,024 sq feet).
This house is the largest in the street with a floor area of 115 sq meters (1,237 sq feet).