£184,735
This estimated value is based upon the latest sale price for the house of £124,995 on 12 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£124,995 | 12 Feb 2015 |
£155,000 | 20 Jan 2012 |
£23,000 | 11 Nov 2003 |
£54,000 | 21 Mar 1997 |
Terraced |
Leasehold |
Floor Area: 105 sq meters or 1,138 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 February 2015 the House Price Index for GREATER MANCHESTER was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £124,995 results in an estimated price of approximately £184,735.
12 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £124,995 | £59,740 | £184,735 |
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 | -26.950 % | £-33,686 | £91,308 |
3 Month Average | -6.306 % | £-7,882 | £117,112 |
6 Month Average | 19.042 % | £23,801 | £148,796 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Aug 2023 | £121,059 | £120,000 | 24 GEMINI COURT WALKDEN AVENUE |
10 Mar 2023 | £136,284 | £135,000 | 2 GEMINI COURT WALKDEN AVENUE |
18 Jul 2022 | £145,391 | £145,000 | 34 CHELMSFORD MEWS |
11 Feb 2022 | £241,200 | £230,000 | 39 WALKDEN AVENUE |
22 Sep 2021 | £242,458 | £225,000 | 23 MESNES ROAD |
This house has a floor area of 105 sq meters or 1,138 sq feet when measured on 12 Oct 2011. Using an estimated price of £184,735 means this house is valued at £1,746 per sq meter (£162 per sq foot).
The average size of a house on MESNES ROAD is 118 sq meters (1,274 sq feet).