£87,897
This estimated value is based upon the latest sale price for the house of £61,500 on 11 Aug 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £61,500 | 11 Aug 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 2015 the House Price Index for GREATER MANCHESTER was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £61,500 results in an estimated price of approximately £87,897.
| 11 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £61,500 | £26,397 | £87,897 |
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 | -64.387 % | £-39,598 | £21,901 |
| 3 Month Average | -1.001 % | £-615 | £60,884 |
| 6 Month Average | 10.946 % | £6,731 | £68,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £137,404 | £135,000 | 15 MCCORMACK DRIVE |
| 28 Jul 2023 | £116,569 | £115,000 | 7 HARDYBUTTS |
| 7 Jul 2023 | £126,705 | £125,000 | 32 CAMBRIDGE WAY |
| 16 Jun 2023 | £96,165 | £95,000 | 63 SPRING STREET |
| 27 Mar 2023 | £70,666 | £70,000 | 55A DARLINGTON STREET EAST |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 18 Feb 2016. Using an estimated price of £87,897 means this house is valued at £784 per sq meter (£72 per sq foot).
The average size of a house on SPRING STREET is 79 sq meters (851 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).