£174,615
This estimated value is based upon the latest sale price for the house of £172,500 on 7 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £172,500 | 7 Jun 2023 |
| £85,000 | 11 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 £172,500 results in an estimated price of approximately £174,615.
| 7 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £172,500 | £2,115 | £174,615 |
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 | 0.756 % | £1,304 | £173,804 |
| 3 Month Average | 21.587 % | £37,237 | £209,737 |
| 6 Month Average | -2.088 % | £-3,601 | £168,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £164,439 | £163,000 | 3 RYDAL WALK |
| 25 Aug 2023 | £151,324 | £150,000 | 4 THIRLMERE ROAD |
| 7 Jun 2023 | £174,615 | £172,500 | 5 HELVELLYN ROAD |
| 24 Mar 2023 | £169,093 | £167,500 | 30 HELVELLYN ROAD |
| 20 Jan 2023 | £176,170 | £177,000 | 52 HELVELLYN ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 11 Nov 2016. Using an estimated price of £174,615 means this house is valued at £1,663 per sq meter (£154 per sq foot).
The average size of a house on HELVELLYN ROAD is 94 sq meters (1,019 sq feet).