£223,892
This estimated value is based upon the latest sale price for the house of £39,995 on 14 Jun 1996. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £39,995 | 14 Jun 1996 |
| £37,000 | 29 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 June 1996 the House Price Index for GREATER MANCHESTER was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 459.800%.Applying this 459.800% change to the original purchase price of £39,995 results in an estimated price of approximately £223,892.
| 14 Jun 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 148.6 | 459.800 % | £39,995 | £183,897 | £223,892 |
The Postcode Pricing Model uses changes in average sales price within the WN1 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 | 64.592 % | £25,833 | £65,828 |
| 3 Month Average | 179.105 % | £71,633 | £111,628 |
| 6 Month Average | 255.363 % | £102,132 | £142,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £284,208 | £280,000 | 201 PLATT LANE |
| 29 Sep 2023 | £163,085 | £161,000 | 186 PLATT LANE |
| 24 Feb 2023 | £289,805 | £290,000 | 28 NORTHCROFT |
| 8 Aug 2022 | £189,490 | £190,000 | 163 PLATT LANE |
| 8 Aug 2022 | £124,664 | £125,000 | 182 PLATT LANE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 9 Jan 2020. Using an estimated price of £223,892 means this house is valued at £3,998 per sq meter (£371 per sq foot).
The average size of a house on TRECASTELL CLOSE is 79 sq meters (859 sq feet).