£117,371
This estimated value is based upon the latest sale price for the house of £115,950 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£115,950 | 30 Jun 2023 |
£16,000 | 11 Mar 1996 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 June 2023 the House Price Index for GREATER MANCHESTER was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £115,950 results in an estimated price of approximately £117,371.
30 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.8 | 148.6 | 1.226 % | £115,950 | £1,421 | £117,371 |
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 | 18.175 % | £21,073 | £137,023 |
3 Month Average | -7.340 % | £-8,510 | £107,439 |
6 Month Average | -15.107 % | £-17,516 | £98,433 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £116,569 | £115,000 | 7 HARDYBUTTS |
6 Jul 2023 | £55,750 | £55,000 | 13 DERBY HOUSE SCHOLES |
30 Jun 2023 | £117,372 | £115,950 | 5 HALL STREET |
16 Jun 2023 | £96,165 | £95,000 | 63 SPRING STREET |
27 Mar 2023 | £66,628 | £66,000 | 55B DARLINGTON STREET EAST |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 10 Sep 2021. Using an estimated price of £117,372 means this house is valued at £1,653 per sq meter (£153 per sq foot).