£117,503
This estimated value is based upon the latest sale price for the house of £86,000 on 11 Dec 2015. 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 | 11 Dec 2015 |
| £99,950 | 6 Jan 2012 |
| £59,000 | 5 Mar 2003 |
| £53,000 | 6 Sep 2002 |
| Terraced |
| Leasehold |
| Floor Area: 73 sq meters or 795 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 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 36.632%.Applying this 36.632% change to the original purchase price of £86,000 results in an estimated price of approximately £117,503.
| 11 Dec 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 146.7 | 36.632 % | £86,000 | £31,503 | £117,503 |
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 | 203.304 % | £174,841 | £260,841 |
| 3 Month Average | 82.432 % | £70,891 | £156,891 |
| 6 Month Average | 25.970 % | £22,333 | £108,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £139,218 | £138,000 | 135 BILLINGE ROAD |
| 4 Aug 2023 | £137,200 | £136,000 | 6 LYCHGATE |
| 21 Jun 2023 | £143,741 | £142,000 | 123 BILLINGE ROAD |
| 11 Jan 2023 | £81,616 | £82,000 | 90 TUNSTALL LANE |
| 29 Jul 2022 | £105,283 | £105,000 | 149 BILLINGE ROAD |
This house has a floor area of 73 sq meters or 795 sq feet when measured on 21 Jan 2011.
The average size of a house on BILLINGE ROAD is 85 sq meters (922 sq feet).