£99,956
This estimated value is based upon the latest sale price for the house of £80,000 on 9 Feb 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £80,000 | 9 Feb 2018 |
| £73,000 | 22 Nov 2004 |
| £50,000 | 29 Sep 2003 |
| £29,000 | 28 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 805 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 February 2018 the House Price Index for GREATER MANCHESTER was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £80,000 results in an estimated price of approximately £99,956.
| 9 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £80,000 | £19,956 | £99,956 |
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 | 159.416 % | £127,533 | £207,533 |
| 3 Month Average | 53.017 % | £42,413 | £122,413 |
| 6 Month Average | 7.510 % | £6,007 | £86,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £81,202 | £80,000 | 26 ANSON STREET |
| 4 Aug 2023 | £262,295 | £260,000 | 12 THOMAS MORE GARDENS |
| 26 Apr 2023 | £101,088 | £100,000 | 7 WOOD STREET |
| 4 Jul 2022 | £121,327 | £121,000 | 9 WOOD STREET |
| 1 Jul 2022 | £123,332 | £123,000 | 52 SCOT LANE |
This house has a floor area of 74 sq meters or 805 sq feet when measured on 31 Mar 2011. Using an estimated price of £99,957 means this house is valued at £1,336 per sq meter (£124 per sq foot).
The average size of a house on SCOT LANE is 85 sq meters (917 sq feet).