£85,808
This estimated value is based upon the latest sale price for the house of £62,000 on 9 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £62,000 | 9 Dec 2015 |
| £73,000 | 31 Mar 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 December 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £62,000 results in an estimated price of approximately £85,808.
| 9 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £62,000 | £23,808 | £85,808 |
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 | 203.304 % | £126,048 | £188,048 |
| 3 Month Average | 82.432 % | £51,107 | £113,107 |
| 6 Month Average | 25.970 % | £16,101 | £78,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £133,984 | £132,000 | 6 ELM AVENUE |
| 17 Nov 2023 | £131,954 | £130,000 | 9 ELM AVENUE |
| 31 Jul 2023 | £167,251 | £165,000 | 2 PORTLAND STREET |
| 21 Jul 2023 | £221,481 | £218,500 | 330 ORMSKIRK ROAD |
| 7 Jul 2023 | £157,621 | £155,500 | 11 RIDYARD STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 4 Sep 2013. Using an estimated price of £85,809 means this house is valued at £1,072 per sq meter (£99 per sq foot).
The average size of a house on ELM AVENUE is 104 sq meters (1,123 sq feet).