£166,876
This estimated value is based upon the latest sale price for the house of £88,000 on 29 Nov 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£88,000 | 29 Nov 2004 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 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 2004 the House Price Index for GREATER MANCHESTER was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £88,000 results in an estimated price of approximately £166,876.
29 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 149.7 | 89.633 % | £88,000 | £78,876 | £166,876 |
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 | -4.925 % | £-4,334 | £83,665 |
3 Month Average | 47.448 % | £41,754 | £129,754 |
6 Month Average | 73.750 % | £64,899 | £152,899 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £102,324 | £100,000 | 21 SEFTON ROAD |
30 Oct 2023 | £129,951 | £127,000 | 11 DUKE STREET |
19 Sep 2023 | £143,156 | £140,000 | 1 NEWBURN CLOSE |
11 Aug 2023 | £173,122 | £170,000 | 1 ANNESLEY CRESCENT |
19 Apr 2023 | £86,620 | £85,000 | 53 SEFTON ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 25 Jul 2013. Using an estimated price of £166,877 means this house is valued at £1,489 per sq meter (£138 per sq foot).
The average size of a house on SEFTON ROAD is 85 sq meters (920 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).