£164,438
This estimated value is based upon the latest sale price for the house of £163,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £163,000 | 25 Aug 2023 |
| £70,500 | 8 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 August 2023 the House Price Index for GREATER MANCHESTER was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £163,000 results in an estimated price of approximately £164,438.
| 25 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £163,000 | £1,438 | £164,438 |
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 | 18.321 % | £29,862 | £192,862 |
| 3 Month Average | 21.345 % | £34,792 | £197,792 |
| 6 Month Average | 2.540 % | £4,140 | £167,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £164,439 | £163,000 | 3 RYDAL WALK |
| 25 Aug 2023 | £151,324 | £150,000 | 4 THIRLMERE ROAD |
| 7 Jun 2023 | £174,615 | £172,500 | 5 HELVELLYN ROAD |
| 24 Mar 2023 | £169,093 | £167,500 | 30 HELVELLYN ROAD |
| 20 Jan 2023 | £176,170 | £177,000 | 52 HELVELLYN ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 23 Sep 2014. Using an estimated price of £164,439 means this house is valued at £1,912 per sq meter (£177 per sq foot).