£146,531
This estimated value is based upon the latest sale price for the house of £127,500 on 23 Jul 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£127,500 | 23 Jul 2021 |
£118,000 | 16 Jun 2006 |
£49,500 | 5 Apr 2002 |
£42,000 | 17 Mar 2000 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 2021 the House Price Index for GREATER MANCHESTER was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £127,500 results in an estimated price of approximately £146,531.
23 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 148.6 | 14.927 % | £127,500 | £19,031 | £146,531 |
The Postcode Pricing Model uses changes in average sales price within the WN3 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 | 102.201 % | £130,306 | £257,806 |
3 Month Average | 26.412 % | £33,675 | £161,175 |
6 Month Average | 12.371 % | £15,772 | £143,272 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £150,000 | £150,000 | 20 WALLGARTH CLOSE |
15 Dec 2023 | £193,384 | £190,000 | 3 WALLGARTH CLOSE |
12 Sep 2023 | £214,746 | £212,000 | 16 WALLGARTH CLOSE |
17 Mar 2023 | £193,826 | £192,000 | 1 CAREY CLOSE |
4 Nov 2022 | £142,277 | £144,000 | 1 WALLGARTH CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 6 Dec 2012. Using an estimated price of £146,531 means this house is valued at £2,526 per sq meter (£234 per sq foot).
There is one other house on the street which we know the size of, this is 8 BURNVALE it is 57.9