£106,519
This estimated value is based upon the latest sale price for the house of £85,000 on 2 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £85,000 | 2 Mar 2018 |
| £28,000 | 30 Jan 2004 |
| Semi-Detached |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 March 2018 the House Price Index for GREATER MANCHESTER was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £85,000 results in an estimated price of approximately £106,519.
| 2 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £85,000 | £21,519 | £106,519 |
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 | 187.977 % | £159,780 | £244,780 |
| 3 Month Average | 65.795 % | £55,925 | £140,925 |
| 6 Month Average | 11.099 % | £9,434 | £94,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £71,247 | £70,000 | 105 CITY ROAD |
| 25 Sep 2023 | £75,971 | £75,000 | 17 BEAUMONT GROVE |
| 12 Apr 2023 | £90,980 | £90,000 | 169 CITY ROAD |
| 23 Mar 2023 | £161,522 | £160,000 | 13 ORRELL HALL CLOSE |
| 20 Jan 2023 | £67,184 | £67,500 | 170 CITY ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 3 Jan 2018. Using an estimated price of £106,519 means this house is valued at £1,401 per sq meter (£130 per sq foot).
The average size of a house on CITY ROAD is 84 sq meters (904 sq feet).