£183,979
This estimated value is based upon the latest sale price for the house of £147,500 on 2 May 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£147,500 | 2 May 2018 |
£110,000 | 16 Oct 2007 |
Terraced |
Leasehold |
Floor Area: 132 sq meters or 1,420 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 May 2018 the House Price Index for GREATER MANCHESTER was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £147,500 results in an estimated price of approximately £183,979.
2 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £147,500 | £36,479 | £183,979 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 51.420 % | £75,844 | £223,344 |
3 Month Average | 59.907 % | £88,362 | £235,862 |
6 Month Average | 38.372 % | £56,598 | £204,098 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £253,757 | £250,000 | 206 WIGAN ROAD |
6 Nov 2023 | £228,381 | £225,000 | 204 WIGAN ROAD |
30 Jun 2023 | £167,023 | £165,000 | 10 GREENHILL AVENUE |
13 Mar 2023 | £94,894 | £94,000 | 8 LENORA STREET |
27 Jan 2022 | £89,455 | £85,000 | 1 GREENHILL AVENUE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 28 Feb 2018. Using an estimated price of £183,980 means this house is valued at £1,393 per sq meter (£129 per sq foot).
The average size of a house on WIGAN ROAD is 97 sq meters (1,052 sq feet).