£209,901
This estimated value is based upon the latest sale price for the house of £166,500 on 3 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£166,500 | 3 Nov 2017 |
£63,000 | 12 Oct 2001 |
Semi-Detached |
Leasehold |
Floor Area: 51 sq meters or 548 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 2017 the House Price Index for GREATER MANCHESTER was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £166,500 results in an estimated price of approximately £209,901.
3 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £166,500 | £43,401 | £209,901 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 33.217 % | £55,307 | £221,807 |
3 Month Average | 11.109 % | £18,495 | £184,995 |
6 Month Average | 40.626 % | £67,642 | £234,142 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £232,979 | £230,000 | 41 BADER DRIVE |
8 Aug 2023 | £1,059,267 | £1,050,000 | 10 MERCERS ROAD |
21 Apr 2023 | £313,374 | £310,000 | 2 WHITEHOUSE CLOSE |
31 Mar 2023 | £343,234 | £340,000 | 11 MERCERS ROAD |
17 Feb 2023 | £234,842 | £235,000 | 7 WHITEHOUSE CLOSE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 18 May 2017. Using an estimated price of £209,901 means this house is valued at £4,115 per sq meter (£382 per sq foot).
The average size of a house on WINGS GROVE is 83 sq meters (898 sq feet).