£138,350
This estimated value is based upon the latest sale price for the house of £112,000 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £112,000 | 15 Feb 2019 |
| £59,950 | 9 Jul 2018 |
| Terraced |
| Leasehold |
| Floor Area: 111 sq meters or 1,194 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 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £112,000 results in an estimated price of approximately £138,350.
| 15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £112,000 | £26,350 | £138,350 |
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 | -30.959 % | £-34,674 | £77,325 |
| 3 Month Average | -16.320 % | £-18,278 | £93,721 |
| 6 Month Average | 2.052 % | £2,297 | £114,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £104,769 | £103,500 | 12 NEWMAN STREET |
| 6 Apr 2023 | £50,544 | £50,000 | 150 WHELLEY |
| 22 Feb 2023 | £134,909 | £135,000 | 4 HIGHFIELD AVENUE |
| 6 May 2022 | £168,169 | £165,000 | 22 ROUNDHOUSE AVENUE |
| 1 Apr 2022 | £177,738 | £172,595 | 5 ELWORTHY GROVE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 12 Jun 2015. Using an estimated price of £138,350 means this house is valued at £1,246 per sq meter (£115 per sq foot).
The average size of a house on WHELLEY is 94 sq meters (1,019 sq feet).