£71,535
This estimated value is based upon the latest sale price for the house of £58,000 on 24 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£58,000 | 24 Jul 2019 |
Terraced |
Leasehold |
Floor Area: 54 sq meters or 581 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 July 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £58,000 results in an estimated price of approximately £71,535.
24 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.337 % | £58,000 | £13,535 | £71,535 |
The Postcode Pricing Model uses changes in average sales price within the WN3 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 | 86.923 % | £50,415 | £108,415 |
3 Month Average | 52.132 % | £30,236 | £88,236 |
6 Month Average | 28.420 % | £16,483 | £74,483 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £132,000 | £132,000 | 39 SWAN MEADOW ROAD |
21 Sep 2023 | £182,838 | £180,500 | 18 POOL STREET |
11 Apr 2023 | £86,936 | £86,000 | 5 REDNAL WALK |
4 Apr 2023 | £113,724 | £112,500 | 92 SWAN MEADOW ROAD |
3 Mar 2023 | £179,693 | £178,000 | 32 REDBURN CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 12 Mar 2019. Using an estimated price of £71,536 means this house is valued at £1,324 per sq meter (£123 per sq foot).
The average size of a house on CHADWICK STREET is 90 sq meters (969 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).