£78,618
This estimated value is based upon the latest sale price for the house of £21,250 on 17 Aug 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£21,250 | 17 Aug 2000 |
£21,250 | 17 Aug 2000 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 833 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 August 2000 the House Price Index for GREATER MANCHESTER was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £21,250 results in an estimated price of approximately £78,618.
17 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 148.6 | 269.970 % | £21,250 | £57,368 | £78,618 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 300.221 % | £63,796 | £85,046 |
3 Month Average | 179.757 % | £38,198 | £59,448 |
6 Month Average | 231.986 % | £49,296 | £70,546 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £114,191 | £112,500 | 10 FIRS LANE |
19 Sep 2023 | £116,489 | £115,000 | 3 SIDDELEY STREET |
1 Aug 2023 | £131,147 | £130,000 | 5 KENDAL GROVE |
23 Jun 2023 | £122,737 | £121,250 | 1 CORN STREET |
28 Oct 2022 | £108,828 | £110,000 | 3 COTTON STREET |
This house has a floor area of 77 sq meters or 833 sq feet when measured on 2 Oct 2010. Using an estimated price of £78,619 means this house is valued at £1,014 per sq meter (£94 per sq foot).
The average size of a house on WIGAN ROAD is 84 sq meters (907 sq feet).