£93,219
This estimated value is based upon the latest sale price for the house of £62,500 on 22 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£62,500 | 22 Dec 2014 |
£55,000 | 24 Jun 2013 |
£57,500 | 3 Jun 2011 |
£43,000 | 6 May 2011 |
Terraced |
Leasehold |
Floor Area: 92 sq meters or 997 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 December 2014 the House Price Index for GREATER MANCHESTER was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £62,500 results in an estimated price of approximately £93,219.
22 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £62,500 | £30,719 | £93,219 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 77.967 % | £48,729 | £111,229 |
3 Month Average | 21.731 % | £13,581 | £76,081 |
6 Month Average | 33.201 % | £20,750 | £83,250 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £101,503 | £100,000 | 436 WIGAN ROAD |
28 Sep 2023 | £153,968 | £151,999 | 3 ASHBY GROVE |
4 Aug 2023 | £168,474 | £167,000 | 9 HARBROOK GROVE |
21 Jul 2023 | £78,557 | £77,500 | 450 WIGAN ROAD |
14 Jun 2023 | £125,014 | £123,500 | 80 GLOVER STREET |
This house has a floor area of 92 sq meters or 997 sq feet when measured on 27 Oct 2011. Using an estimated price of £93,219 means this house is valued at £1,005 per sq meter (£93 per sq foot).
The average size of a house on WIGAN ROAD is 84 sq meters (907 sq feet).