£96,916
This estimated value is based upon the latest sale price for the house of £64,000 on 8 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £64,000 | 8 Aug 2014 |
| Terraced |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 2014 the House Price Index for GREATER MANCHESTER was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £64,000 results in an estimated price of approximately £96,916.
| 8 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £64,000 | £32,916 | £96,916 |
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 | 225.395 % | £144,252 | £208,252 |
| 3 Month Average | 69.161 % | £44,262 | £108,262 |
| 6 Month Average | 25.182 % | £16,116 | £80,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £147,179 | £145,000 | 286 ORMSKIRK ROAD |
| 11 Sep 2023 | £176,254 | £174,000 | 74 MITCHELL STREET |
| 8 Sep 2023 | £172,202 | £170,000 | 29 ALEXANDRA CRESCENT |
| 14 Aug 2023 | £165,700 | £164,250 | 22 BILLINGE ROAD |
| 5 Jul 2023 | £116,569 | £115,000 | 17 BILLINGE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 30 Nov 2013. Using an estimated price of £96,916 means this house is valued at £1,226 per sq meter (£113 per sq foot).
The average size of a house on BILLINGE ROAD is 85 sq meters (922 sq feet).