£169,771
This estimated value is based upon the latest sale price for the house of £107,000 on 22 Jun 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £107,000 | 22 Jun 2007 |
| £51,000 | 13 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2007 the House Price Index for GREATER MANCHESTER was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £107,000 results in an estimated price of approximately £169,771.
| 22 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £107,000 | £62,771 | £169,771 |
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 | 151.552 % | £162,160 | £269,160 |
| 3 Month Average | 65.782 % | £70,386 | £177,386 |
| 6 Month Average | 25.880 % | £27,691 | £134,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jan 2023 | £184,133 | £185,000 | 11 ASHINGTON CLOSE |
| 13 Jul 2022 | £171,462 | £171,000 | 24 SMITH AVENUE |
| 11 Jul 2022 | £155,418 | £155,000 | 26 SMITH AVENUE |
| 25 Mar 2022 | £174,092 | £168,000 | 9 DENTON GROVE |
| 18 Feb 2022 | £108,016 | £103,000 | 280 CITY ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 Apr 2014. Using an estimated price of £169,771 means this house is valued at £2,149 per sq meter (£199 per sq foot).
The average size of a house on CITY ROAD is 84 sq meters (904 sq feet).