£162,367
This estimated value is based upon the latest sale price for the house of £129,950 on 16 Feb 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £129,950 | 16 Feb 2018 |
| £97,000 | 24 Nov 2009 |
| £109,000 | 14 Aug 2006 |
| £93,300 | 10 Dec 2004 |
| £45,950 | 11 Jan 2002 |
| £30,000 | 23 Oct 1998 |
| Terraced |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 February 2018 the House Price Index for GREATER MANCHESTER was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £129,950 results in an estimated price of approximately £162,367.
| 16 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £129,950 | £32,417 | £162,367 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 132.473 % | £172,148 | £302,098 |
| 3 Month Average | 19.377 % | £25,180 | £155,130 |
| 6 Month Average | 44.159 % | £57,384 | £187,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £157,377 | £156,000 | 85 MANCHESTER ROAD |
| 4 Jul 2023 | £92,241 | £91,000 | 10 MANCHESTER ROAD |
| 17 Feb 2023 | £194,869 | £195,000 | 11 PARK LANE |
| 27 Jan 2023 | £149,297 | £150,000 | 46 MANCHESTER ROAD |
| 8 Jul 2022 | £123,332 | £123,000 | 61 MANCHESTER ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 30 Oct 2017. Using an estimated price of £162,367 means this house is valued at £1,727 per sq meter (£160 per sq foot).
The average size of a house on PARK LANE is 101 sq meters (1,088 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,011 sq feet).