£173,641
This estimated value is based upon the latest sale price for the house of £100,500 on 12 Sep 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£100,500 | 12 Sep 2011 |
£97,500 | 21 Oct 2005 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 730 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 September 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £100,500 results in an estimated price of approximately £173,641.
12 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.778 % | £100,500 | £73,141 | £173,641 |
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 | -37.557 % | £-37,744 | £62,755 |
3 Month Average | -2.416 % | £-2,428 | £98,071 |
6 Month Average | 21.912 % | £22,021 | £122,521 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £284,208 | £280,000 | 201 PLATT LANE |
29 Sep 2023 | £164,605 | £162,500 | 23 LEYBURN CLOSE |
6 Apr 2023 | £166,796 | £165,000 | 2 TINWALD PLACE |
11 Jan 2023 | £174,180 | £175,000 | 14 BENGAIRN CLOSE |
8 Aug 2022 | £189,490 | £190,000 | 163 PLATT LANE |
This house has a floor area of 67 sq meters or 730 sq feet when measured on 22 Mar 2010. Using an estimated price of £173,642 means this house is valued at £2,557 per sq meter (£237 per sq foot).
The average size of a house on TINWALD PLACE is 84 sq meters (906 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (730 sq feet).