£159,932
This estimated value is based upon the latest sale price for the house of £100,150 on 18 May 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £100,150 | 18 May 2007 |
| £72,500 | 28 Apr 2004 |
| £34,750 | 15 Mar 2000 |
| £14,500 | 19 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 May 2007 the House Price Index for GREATER MANCHESTER was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £100,150 results in an estimated price of approximately £159,932.
| 18 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £100,150 | £59,782 | £159,932 |
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 | 175.056 % | £175,318 | £275,468 |
| 3 Month Average | 74.279 % | £74,390 | £174,540 |
| 6 Month Average | 27.098 % | £27,138 | £127,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £127,480 | £125,250 | 598 ORMSKIRK ROAD |
| 8 Sep 2023 | £121,554 | £120,000 | 455 ORMSKIRK ROAD |
| 24 Mar 2023 | £105,999 | £105,000 | 457 ORMSKIRK ROAD |
| 20 Feb 2023 | £84,943 | £85,000 | 41 BRINDLEY STREET |
| 10 Feb 2023 | £73,950 | £74,000 | 548 ORMSKIRK ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 2 Jul 2021. Using an estimated price of £159,932 means this house is valued at £2,104 per sq meter (£195 per sq foot).
The average size of a house on ORMSKIRK ROAD is 97 sq meters (1,052 sq feet).