£148,376
This estimated value is based upon the latest sale price for the house of £85,000 on 27 Nov 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £85,000 | 27 Nov 2009 |
| £50,000 | 31 Oct 2002 |
| £22,000 | 10 Oct 1997 |
| Terraced |
| Leasehold |
| Floor Area: 70 sq meters or 757 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 November 2009 the House Price Index for GREATER MANCHESTER was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £85,000 results in an estimated price of approximately £148,376.
| 27 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £85,000 | £63,376 | £148,376 |
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 | 174.606 % | £148,414 | £233,414 |
| 3 Month Average | 68.774 % | £58,457 | £143,457 |
| 6 Month Average | 27.101 % | £23,035 | £108,035 |
| 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 70 sq meters or 757 sq feet when measured on 13 Jul 2009. Using an estimated price of £148,377 means this house is valued at £2,108 per sq meter (£195 per sq foot).
The average size of a house on CITY ROAD is 84 sq meters (904 sq feet).