£217,813
This estimated value is based upon the latest sale price for the house of £170,000 on 19 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £170,000 | 19 Jun 2017 |
| Terraced |
| Leasehold |
| Floor Area: 144 sq meters or 1,550 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 June 2017 the House Price Index for GREATER MANCHESTER was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £170,000 results in an estimated price of approximately £217,813.
| 19 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £170,000 | £47,813 | £217,813 |
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 | -54.392 % | £-92,465 | £77,534 |
| 3 Month Average | -16.949 % | £-28,812 | £141,187 |
| 6 Month Average | 8.481 % | £14,417 | £184,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £117,696 | £116,666 | 22 - 24 WIGAN LANE |
| 30 Aug 2023 | £58,848 | £58,333 | 24 WIGAN LANE |
| 28 Jul 2023 | £14,191 | £14,000 | 44A WIGAN LANE |
| 27 Jul 2023 | £46,121 | £45,500 | 23 NEWTON CLOSE |
| 7 Jun 2023 | £156,901 | £155,000 | 5 DOUGLAS ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 27 Oct 2015. Using an estimated price of £217,813 means this house is valued at £1,512 per sq meter (£140 per sq foot).
The average size of a house on DOUGLAS ROAD is 123 sq meters (1,330 sq feet).
This house is the largest in the street with a floor area of 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monument Road |