£126,705
This estimated value is based upon the latest sale price for the house of £125,000 on 7 Jul 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£125,000 | 7 Jul 2023 |
£86,000 | 23 Mar 2018 |
£86,000 | 27 Jun 2014 |
£84,000 | 30 Apr 2010 |
£41,000 | 25 Jul 2003 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 783 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 July 2023 the House Price Index for GREATER MANCHESTER was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £125,000 results in an estimated price of approximately £126,705.
7 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.6 | 148.6 | 1.364 % | £125,000 | £1,705 | £126,705 |
The Postcode Pricing Model uses changes in average sales price within the WN1 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 | -37.090 % | £-46,362 | £78,637 |
3 Month Average | -2.725 % | £-3,406 | £121,593 |
6 Month Average | -9.978 % | £-12,472 | £112,527 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £137,404 | £135,000 | 15 MCCORMACK DRIVE |
7 Jul 2023 | £126,705 | £125,000 | 32 CAMBRIDGE WAY |
30 Jun 2023 | £103,251 | £102,000 | 5 SPRING GROVE |
16 Jun 2023 | £96,165 | £95,000 | 63 SPRING STREET |
27 Mar 2023 | £70,666 | £70,000 | 55A DARLINGTON STREET EAST |
This house has a floor area of 72 sq meters or 783 sq feet when measured on 31 Jan 2009. Using an estimated price of £126,705 means this house is valued at £1,740 per sq meter (£161 per sq foot).
The average size of a house on CAMBRIDGE WAY is 118 sq meters (1,279 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (783 sq feet).