£111,297
This estimated value is based upon the latest sale price for the house of £70,000 on 2 May 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £70,000 | 2 May 2008 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 757 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 2008 the House Price Index for GREATER MANCHESTER was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £70,000 results in an estimated price of approximately £111,297.
| 2 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £70,000 | £41,297 | £111,297 |
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 | 73.559 % | £51,490 | £121,490 |
| 3 Month Average | 19.675 % | £13,772 | £83,772 |
| 6 Month Average | 27.716 % | £19,401 | £89,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £129,569 | £128,000 | 32 RUGBY ROAD |
| 28 Apr 2023 | £203,188 | £201,000 | 3 LARKSPUR CLOSE |
| 14 Apr 2023 | £179,937 | £178,000 | 8 STAVESACRE |
| 10 Mar 2023 | £186,760 | £185,000 | 17 STAVESACRE |
| 3 Mar 2023 | £100,951 | £100,000 | 10 RUGBY ROAD |
This house has a floor area of 70 sq meters or 757 sq feet when measured on 11 Nov 2008. Using an estimated price of £111,297 means this house is valued at £1,581 per sq meter (£146 per sq foot).