£150,108
This estimated value is based upon the latest sale price for the house of £113,000 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £113,000 | 30 Sep 2016 |
| £111,500 | 25 Apr 2008 |
| £69,995 | 30 Apr 2003 |
| £46,995 | 18 Jan 2002 |
| £45,000 | 5 Dec 1997 |
| Terraced |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 September 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £113,000 results in an estimated price of approximately £150,108.
| 30 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £113,000 | £37,108 | £150,108 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 77.514 % | £87,591 | £200,591 |
| 3 Month Average | 21.465 % | £24,255 | £137,255 |
| 6 Month Average | 35.936 % | £40,607 | £153,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £207,655 | £205,000 | 1 CROSS STREET |
| 18 Jul 2023 | £119,103 | £117,500 | 42 ROTHAY STREET |
| 11 Jan 2022 | £152,599 | £145,000 | 190 CHAPEL STREET |
| 5 Nov 2021 | £113,559 | £105,000 | 17 TURNER STREET |
| 20 Nov 2020 | £110,139 | £95,000 | 44 BEDFORD SQUARE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 5 May 2016.
The average size of a house on BURWELL CLOSE is 81 sq meters (881 sq feet).